Real Estate Investments
Ready to build a Real Estate Empire?
Here’s how we’re going to make it happen!
Step 1
The Discovery Call
It’s All About You!
In this step we’ll have a casual conversation and:
- Talk about your investment objectives
- Discuss your budget and the areas you want to own
- Go through some rough mortgage scenarios
- Talk about your investment timeframe
After going through this step you’ll realize you made the right call by reaching out to us.
Step 2
Develop a financing plan
Leave the number crunching to us!
In this step we’ll work our magic behind the scenes and:
- Map out your target purchase price ranges
- Talk about which lenders will meet your financing objective
- Show you how your investment will cash flow
- Discuss how to make your down payment tax efficient
After this step you’ll feel excited about the possibilities and ready to go shopping!
Step 3
Let’s Go Shopping
Now the Fun Begins!
In this step our experience really shines through! And we’ll be there to:
- Help with the big “Is This The One?” decision
- Revisit the monthly budget, making sure it all fits
- Get you a lightening fast approval
This step is usually has a lot of moving pieces! Don’t worry, we do all the heavy lifting, and we’ll be there every step of the way.
Step 4
Offer Accepted!
Ready to be a landlord?
In this final step we’ll guide you through:
- Wrapping up the mortgage approval with the lender
- Removing final conditions on your offer to purchase
- Connect you with a great Notary
- Map out the last few steps before your completion date
You did it! We often hear from clients that they can’t believe how easy we made it for them. Just 1,2,3,4 put the key in your new front door!
Building Wealth While You Sleep.
Future you says THANK YOU!
Why use a mortgage Broker?
Banker vs Nishka Riley Mortgage Team
Nishka Riley Mortgage Team
Product Options
We have access to various lenders, providing a wide range of mortgage products.- Interest Rates
We can often offer competitive interest rates by shopping around among multiple lenders. - Personalized Service
We work independently and focus on your needs, offering personalized guidance. - Communication
We maintain clear and open communication, ensuring you understand the entire process. - Flexibility and Advocacy
We are your advocate. We work to find the best terms and conditions to meet your financing needs.
Banker
Product Options
Limited to offering only the products available within their own bank- Interest Rates
Bankers are confined to the rates set by their own institution, potentially limiting options. - Personalized Service
Bankers are constrained by the policies and procedures of their specific bank. - Communication
Bankers wear many hats and may not have the time to communicate the progress of your file. - Flexibility and Advocacy
Bankers represent the interests of their employer, which may not always align with the borrower's best interests.
How The Nishka Riley Mortgage
Team Can Help You
Over the past 20 years, we have been helping people like yourself build their real estate investment portfolio in North Vancouver, Squamish and Vancouver. If you are in the early stages of your search, download our award winning mortgage calculator, which factors in local taxes and average strata fees for the area you are considering. Since we are a part of the Dominion Lending Centres network, we have access to lenders like Scotiabank, TD Canada Trust, Blueshore Credit Union, MCAP and dozens more. Because of our lender relationships, we can find a mortgage solution that meets your needs. Buying an investment property has a lot of moving pieces, if you are self-employed or have credit challenges, you’ll especially want to harness our experience to guide you through the mortgage maze. As a real estate investor, you have a lot of decisions to make: fixed vs variable, refinance my current property for the down payment, which realtor should I use? We’ll be there every step of the way and help you with each one. Come experience why we are one of the highest ranked North Vancouver mortgage brokers by Google reviews.
Things To Know When You Are Investing In Real Estate
Common questions and misconceptions
Real Estate
Investing
Or Stocks?
Would you rather get a 20% return on $1,000,000 or a 20% return on $200,000? Real estate lets you turn your $200,000 into a $1,000,000! You can’t do that with a stock portfolio! And because of the current real estate inventory shortage, more and more people are renting. With a real estate portfolio, you can generate tax efficient passive income.
Harnessing
Your
Equity
Most first-time real estate investors aren't aware there is a minimum 20% down payment requirement. The good news is it can be borrowed from their current home's equity. The benefit is the interest on the borrowed down payment becomes a tax write-off against rental income. This win-win scenario accelerates the start of building a tax-efficient real estate investment portfolio.
Real Estate Investing
Partnership
Or Solo?
Real estate prices and the stress test are significant barriers to real estate investors. Partnerships offer a solution worth considering. By combining incomes for qualification, splitting the down payment, and leveraging individual strengths, partnerships go further, faster than solo investors. We've helped partners build multimillion-dollar real estate portfolios, proof that teamwork can overcome market barriers.
What Our Clients Are Saying
Get a feel of how we work with real estate investors