Camilo and Ana are kind, outgoing, full-time working parents with two children under five. Their life is hectic, as you could imagine!

They came to me for help with two objectives:
- To purchase their family home below market rate.
- To ensure they could secure their first investment property shortly after their home purchase.

Their minds were racing with all the different types of properties they could buy and how to prepare for their first purchase while ensuring they didn’t overpay or make a big mistake.

After helping them organize their pre-approval with a great mortgage broker, they attended a few auctions. Witnessing the price shoot up by hundreds of thousands above the advertised price and what they were willing to pay, they felt dejected.

I reminded them that auctions were designed to make people fall in love with the property, overpay, and, if they missed out, nudge them to overpay next time.

We went back to the drawing board and reaffirmed their values in terms of school zones, style of house, price point, and their desire to have an investment property shortly after their first purchase.

With this in mind, we focused exclusively on privately sold properties with all the above attributes.

To their surprise, we found the perfect house!

The agents explained that there were multiple offers on the table. With tactful negotiation, the property was secured for $20K below what Camilo and Ana were willing to pay and over $100K below their upper-end budget. This ensured they preserved their deposit for a future investment property shortly after this purchase.

Congratulations, Camilo and Ana, on becoming homeowners!!

I look forward to helping you make the jump into the property investment game next 😊