The real estate playing field has changed in the last 12 months, and Atlantic Canada is no different. Where we used to save up for vacations, there are those of us who are trying to find new ways to invest our resources. You may find yourself looking for ways to put your money to good use. With multi-unit commercial lending from Graysbrook Capital, you can do that.
For a moment, it seemed like everyone was flipping houses for a profit. While the idea of flipping houses can be tempting, there is a lot more to it than “Find It, Buy It, Fix It, Flip It”.
Does the idea of house flipping interest you? Do you ever dream of knocking down walls or picking out fresh flooring? Maybe you’ve seen a house for sale or a foreclosure that seems to be calling your name, but you just don’t know where to start or if you can afford this next adventure?
If you are planning kitchen and bathroom renovations, roofing, windows or doors replacement, or simply updating fixtures and flooring, you might need to secure financing first. If you are looking to downsize, but don’t have cash flow for investing in a renovation, Graysbrook Capital can help you leverage your home equity to finance renovations.
Broker Scenario #1 Divorce – Separation of Assets Problem: Client wishes to take his ex-spouse off title and pay off debts. Ex-spouse wishes to purchase her own property and needs to be removed from title of marital home. Client has not completed personal tax return for 3 years, so banks will not approve. Graysbrook Capital Solution:…