Buying a home isn’t just about your mortgage payment! Lenders calculate your eligibility using Property tax, minimum monthly heating cost and only 50% of condo fees (if applicable), but the actual costs of homeownership go far beyond that. Here’s what lenders don’t factor in: ✅ Home Insurance – A must-have for protecting your investment. ✅ Utilities (Hydro, Water, etc.) – Costs that vary based on usage and home type. ✅ Maintenance & Repairs – Older homes and condos with high maintenance fees can
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15 reactions | Ever wondered how many properties are needed to replace your income? ⁣ ⁣ This spreadsheet is a property investor's dream tool and can be used by anyone even if you're not a numbers guru. ⁣ ⁣ For an extremely limited time, we’re giving it away for FREE. ⁣ ⁣ Calculate passive income, expenses, mortgage repayments, equity, and much more using this powerful tool. ⁣ ⁣ Download it now for free. ⬇️ | Positive Real Estate | Facebook
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