Josh Reyes - Real Estate Broker

Supa hot listing 🔥
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I’ll be hosting an Open House this Sunday from 2-4pm
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This all-star Airbnb property has almost 200 reviews, 4.83 rating, rents for between $140-$200/night (depending on the time of year) and comes fully furnished and ready to go 🏡
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It’s not just for investors, it’s minutes from the Byward Market and close to anything you’ll need! 🔑
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🛏 Three bed
🛀 One bath
📍 Prime location
🚘 One Parking
⭐️ Five Star AirBnb
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If you want to learn more or shoot me a DM if you want information on it now 🤓

495 St. Patrick Street

That car payment could cost you an EXTRA $71,000 🤯
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What if I told you that your monthly car payment can negatively affect the amount you can afford for a house by 25%… 🙃
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I was talking to my mortgage broker and he explained how car payments can make or break a mortgage approval amount. Here is an example below. Assuming a $60,000 salary, good credit, no other debts and a 5% down payment 🏡
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🚙 A $250 car payment = $276,000 purchase price
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🚗 A $500 car payment = $240,000 purchase price, that’s a reduction of $36,000 just from an additional $250 for your car payment
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🏎 A $700 car payment = $205,000 purchase price, that is a reduction of $71,000 which is 25% less than what you could have got
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So before you “bougie” out on a car, think about your 1-3 year plan. If a house is in the picture, you might want to reconsider until after you buy a home 🧐
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Again this is only one variable in getting approved for a mortgage, reach out to me if you have any other questions! I would be more than happy to direct you to my mortgage specialists 🐼

Barrhaven is going to be an even more attractive suburb 👀

Plans for 'new downtown' in Barrhaven A report detailing a new downtown for Barrhaven will go to Planning Committee on Thursday, November 28th.