Pros and Cons of New Federal Secondary Apartment Programs Debt Guru

Pros and Cons of New Federal Secondary Apartment Programs

 Debt Guru

Earlier this month, the federal government unveiled the Secondary Dwelling Refinancing Program, scheduled to launch on January 15, 2025, which will allow homeowners to refinance up to 90% of the value of their property (capped at $2 million) to add up to four rental units. such as basement apartments, in-law suites or laneway homes. Short-term … Read more

Pros and Cons of Buying Raw Land in British Columbia – Silver Hill Mortgage Corp. Debt Guru

Pros and Cons of Buying Raw Land in British Columbia – Silver Hill Mortgage Corp.

 Debt Guru

If you are considering purchasing raw land in British Columbia, Canada, for the purpose of building a home, recreational property or for investment, there are many factors and costs to consider. The cost of servicing the land for building and construction can be quite significant. Additionally, if you are holding the land as an investment, … Read more

Pros and cons of owning a tiny house – Debt Guru

Pros and cons of owning a tiny house

 – Debt Guru

Tiny homes have become increasingly popular in recent years, offering a minimalist lifestyle that emphasizes simplicity, sustainability and financial freedom. But as with any big decision, there are pros and cons to consider before committing to living in a tiny house. Let’s explore the potential advantages and disadvantages to help you decide if this lifestyle … Read more