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Should you invest in pre construction condos? Investing in pre construction condos is likely the riskiest real estate investment an amateur investor can make. In fact, it isn't even really investing, it is speculations, and it can get you in trouble pretty quickly. I've personally done it successfully, but in my 19 years in the real estate industry I've seen it go very wrong many times. You end up exposing yourself to the whims of the real estate market, the builder, the builders lender, interest rates, and mortgage financing rules. You basically have no control other than the hope that the property will appreciate, which is what makes it speculation, not investing. ⭐️Get "Secrets To Getting A Low Mortgage Interest Rate" at http://ratesecrets.ca ⭐️ 👍 Subscribe by clicking here / @nolanmatthias 💰👉💪 Join The Down Payment Challenge http://downpaymentchallenge.ca ⭐️Get your free copy of The Mortgaged Millionaire at https://mortgagedmillionaire.ca ⭐️Join the Homebuyers Bootcamp at this link http://bit.ly/fthbbootcamp ⭐️ To apply for a mortgage go to https://mortgage360.ca/easy-application To download our mobile mortgage app go to https://bit.ly/mobilemortgageappnm Want to join our A-Team? https://forms.gle/dwLP1jhY7fS6Youo7 Want us to hand select a realtor for you http://bit.ly/referraltorealtor The presenter has taken great care in preparing this video, however makes no representations or warranties with respect to the accuracy or completeness of its content. The contents of this video should not be considered a substitute for professional financial advice. Please consult a financial professional before implementing any of the strategies described in this video. The presenter shall not be held liable for any loss of profit or any other financial damages, including but not limited to special, consequential, incidental, or other damages.