The Immigrant View with Ayo

Rent to own - Buying your first home in a crazy economy

February 02, 2022 Ayo Owodunni Season 2 Episode 4
The Immigrant View with Ayo
Rent to own - Buying your first home in a crazy economy
Show Notes Chapter Markers

I am passionate about transitioning renters into home owners.  Why?  According to Statistics Canada’s 2016 Survey of Financial Security (“SFS”) homeowner households had an average net worth of just over $1 million while tenant households had an average net worth of about $127,000.

Is your first home an investment property? No (well, it can be but that's another story).

Today, we have the VP at JAAG Properties Alfonso Salemi.  Alfonso shares a great strategy that immigrants can use to purchase their first home, with no credit and not much downpayment. 

It is called the Rent to own strategy. 

Right now, real estate is on fire across Canada.  Canadian home prices continue to rise with the average home price now at $713,542. That's a 17.7% year-over-year increase from December 2020.  Get in the game and get in fast.  Don't be left behind.  

The Immigrant View is brought to you by Immigrantnetworks.com. Visit immigrantnetworks.com

Recording Started