I have a property just under contract in the suburb of Acadia in Calgary AB which is a great opportunity for a buy, fix & flip. It is a bungalow just under 1100sqft located on a quiet street with a large south facing back yard. Using comparables in the area from the past 9 months you can achieve a profit of between $25 - $100k, depending on your finishing. Purchase price is $375k and an estimated ARV of $500 - 5550k conservatively can be achieved. Please get in touch if interested in this project.
Another qualified tenant buyer with Calgary Rent To Buy who is in the process of looking for a home at present. The purchase price is in the $340,000-$360,000 range. The tenant buyers have $10,000 as an initial option fee.
Opportunity for a JV money partner who is interested in a passive income stream over the next 4 years with all the benefits of owning real estate without any of the hassles.
The tenant buyers are a hard working couple with two young children. They both are working in stable jobs that they have been with for some time. Their combined annual income is $130,000/yr and both credit scores are in the high 600's. The issue preventing these folks from qualifying at present is their high debt ratio. With our program, we will work with the tenant buyers to reduce their debt levels to allow them to easily qualify for their own traditional mortgage in 4 years time.
We are looking for an investor who is able to qualify for a mortgage of approx. $288,000 and has an initial investment of approx. $72,000. The expected ROI on this deal is 15%+ per year.
If you are interested please contact me through PM, or at firstname.lastname@example.org
This deal is time sensitive.
Looking for a tenant buyer for a completed renovated 2 Bdr condo in Braeside area. This is a 3-year option contract and you can get started with approx. $5,000 up front. Please contact me for more info.
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
If you want your money work very very hard - look at this lending opportunity:
2nd mortgage required - $192,000
Total monthly payment - $3,520
Interest - 22%
Term - 1 year
Appraised value of the property- $1,100,000
LTV - 85%
Location - Cochrane, AB
RRSP eligible. Conditions apply.
If you are interested get back to me. I will share detailed package (appraisal, credit report etc.) after signing NC ND agreement.
If you know someone who might benefit from this deal. Send them my way and you will get referral fee upon closing.