If you bought your home a few years ago and have been diligently paying off your mortgage, chances are high that you have built quite a bit of equity.
The equity is the difference between what the home is worth and what you owe – and the more the value grows and the more you pay off, the more that equity grows.
The great thing about equity is that it can either sit there and do nothing (boring!) or you can put it to good use and leverage it to buy an investment property (exciting!).
If you’re interested in buying an investment property and putting that equity to work, message me and we can run some numbers.
We always recommend that you meet with a financial planner to discuss the investing strategy that best suits your financial situation and goals, and an investment property consultant is always a great way to find the property that ticks all your boxes.
But just like Johnny didn’t let Baby sit in the corner, don’t let equity sit there either. Set it free, put it to work and, with the right training and guidance, watch the magic happen!
