Skip to content
Ontario Real Estate Forum

User Stats

5
Posts
0
Votes
Rany Youssef
  • Toronto, Canada
0
Votes |
5
Posts

Pre-construction Vs. House Hack -Durham Region

Rany Youssef
  • Toronto, Canada
Posted Nov 6 2018, 05:33

Hey everyone, I'm new to all this and was just discussing with my real estate agent and he gave me some advice and was wondering if anyone else could chip in as well! Basically, since I am a final year university student (yay student debt), I'm low on cash and I'm completely brand new to this. I took a course online (RealEstate Start School- Chad Carson) and decided the best strategy for me would be to house hack, (cover my mortgage, have somewhere to live, and less taxes if I were to sell with it being my primary residence). However, I realized I could stay with my parents longer. When I told my real estate agent that, he suggested pre-construction condo's. So I'm reading more into it but what do you guys think? What would be the best option to start out with for a cash-strapped student!?

Thanks a lot!

Loading replies...