Looking for Fund of My Flip
Hi Everyone, I am new to this community. My portfolio includes one RTO and one self storage through a joint venture partnership. I am doing my first fix and flip house. After 2 and a half months looking, I got a house under contract at Oshawa, Ontario. Also, I have the mortgage in place. I need a downpayment and capital for this flip which requires 200k. I have a few investors to join me, but it is still missing the remaining 100k at this moment. I am paying 12% per annum. This flip should be done in 6 months. Basically, people can earn $1,000 per month for 100k. The principal and interest will be paid back at the end. For the 6 months period, the payback amount is $106,000 for 100k investment. I am looking for 1 or 2 investors to join me. The investors can put the title on the property as a second mortgage. If you need more information, you can either call me at 416-899-4954 or email me at email@example.com
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