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Updated over 3 years ago,
NEW TO REI GTA AREA
Hiii Everyone
I am 25 year old Working Professional and earning Decent income close to 100k~110k and my Friend who earns pretty much the same we both are single and we do have some money saved up 120k and we were thinking to invest in Real Estate and create a good portfolio overtime . Our primary area of interest is GTA. So how should we progress I mean what is the best kind of investment in GTA Market right now single family ,condo , duplex??
I was thinking to invest in east end side e.g bowmanville , clarington , Oshawa. Is that good area for future appreciation and any chance of getting positive cash flow with 10~15 % down payment
anyhelp or guidance will be much appreciated .
Thank you.