Home Sweet Investment

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This is how the rich get richer and how the general public can become wealthy and create a secure retirement plan.  The fact is, the majority of people that invest their money in a stable real estate market like the GTA are making money off of their property.

Some people think that to take this money out and reinvest it they have to sell their original investment to get their money out.  This is NOT TRUE.  There are a lot of other options for people.  For starters, they can refinance their home.  All this means is that you are swapping one mortgage for another.  When you do this you can take out some equity  and use it how you please.  This allows you to keep your original investment and invest some of your equity where ever else you choose.  Another option is taking out a home equity loan.  This is where you take home equity out of your property while keeping the same mortgage.  The interest rate is very competitive.  Your LTV (loan to value) needs to be 80%.

While using these options you have the chance to leverage your money and invest it in other ventures.  Then you have the opportunity to make more money.  Real estate is a sound investment.  If you can leverage your money in multiple properties, you are bound to finish ahead.