Listen "How to Live FOR FREE (2021)"
Episode Synopsis
Learn how to leverage a downpayment to live (effectively) for free in 2021! This example takes place in Toronto, but the methodology can be applied anywhere. The concept revolves around using a principal downpayment and renting a basement to effectively live for free after factoring in the home equity.
Topics:
- Mortgages
- Downpayments
- Interest vs equity payments
- Renting an Apartment
- Pro tip about Canadian Mortgage and Home Corporation insurance (CMHC)
Timestamps:
0:00 Intro
0:50 Agenda Topics
1:48 Finding a Listing
3:22 CMHC Pro Tip
4:42 Principal vs Interest
7:12 Thank you
Topics:
- Mortgages
- Downpayments
- Interest vs equity payments
- Renting an Apartment
- Pro tip about Canadian Mortgage and Home Corporation insurance (CMHC)
Timestamps:
0:00 Intro
0:50 Agenda Topics
1:48 Finding a Listing
3:22 CMHC Pro Tip
4:42 Principal vs Interest
7:12 Thank you
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