Property FOUR

Fourth Property Purchase: Toronto Ontario Duplex December 2005. Originally, we had to put down a massive downpayment to purchase this property which at that time consisted of $60,000 worth of stocks and REITs that we had invested wisely in.

Our Mortgage broker forced us to put that much down, which annoyed us.

Recently, we used that same equity, that basically had now more than doubled in a short period of time, to finance our Home, Property EIGHT via equity take out on this mortgage. Long-term tenant, keeps property very clean and pays on time without problems.