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. $360,000 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.
Earn quick profits with this super real estate deal After years of research, I have found a problem concerning the availability of multi family homes in my area. To solve this housing shortage, I have decided to develop and expand the 4 bedrooms house market locally. I have access to buy 65 acres property along a river, that offers an excellent opportunity to build new duplex and resell for quick profits.
Jump on this fabulous opportunity today !
This is a great opportunity for anyone with access to capital that would like to earn a great return. Please note, the turn around time for this investment is dependent on the sale of each build and given that Aspen is now nearing full development potential, lots in this area are scarce and thus demand is to only go up.
65 Unit apartment Complex. Mix of 1,2,3 & 4 Br units.
Have signed letter of intent to purchase at $2,200,000.
Appraised March 20th, 2014 at $2,750,000.
Have 1st mortgage funding in place for 70% of purchase price.
I have $350,000 down
NEED JV PARTNER TO FUND $200,000 to close
TIME IS OF THE ESSENCE - SELLER WANTS CLOSURE BY APRIL 30th
* 3 Year Turn-Key Lease-Option Opportunity in Pickering, ON
* Purchase Price: $412,000 * Cash Required: $45,764
* Cash-flow: $184/month (4.82% ROI/year on just the cash-flow)
* Total NET profit at the end of the term: $29,239 (Net profit is after paying off the mortgage, and getting back your initial investment!)
* Total estimated return: 21.30% per year! * Detailed financials available. Take Action. Start making positive cash-flow next month. CALL US NOW! To your success, Alex
ITTO Lease-Option Deals Available as of: 07/17/2011: DEAL 01: TAKEN - Summary: Premium, high income tenants with minor credit issues. Our broker has given them a plan to easily fix their credit within the term. Currently renting and the landlord is selling. They are upset they have to move and never want to rent again. Act fast to snatch up this amazing deal. - Cities: Mississauga, Brampton, Burlington - Max house price: $390,000 - Initial investment: $33,080 - Ability to borrow: $39,000 from LOC, HELOC, RRSP, or another source. - Term length: 3 years - Net profit: $26,515 - Return: 26.72% per year DEAL 02: TAKEN - Summary: A very nice couple that started up a business that went under a few years ago. As a result they now have minor credit issues that need to be dealt with. Our broker come up with a plan where they can easily rebuild their credit within the term. They both make decent income and are working very hard to pay off debit and rebuild their credit. They no longer want to rent, and would love to own instead. Jump on this excellent deal today. - Cities: Scarborough, Ajax, Pickering - Max house price: $221,000 -...
Hello My Friends, We are very proud to announce that in May we closed on a 158 unit building in Dallas, Texas called Timber Park with our AWESOME JV Partners! And with a solid plan in place, in just 6 weeks we have increased the occupancy from 70% (with several bad tenants, so had to clean house) to 90%! We are very excited with the progress and changes at this property! I currently have an unbelievable 188 unit building under contract in Dallas, Texas (a foreclosure with the bank) that is 1985 product locked in at a price of $11,330 per door! (This is why I am buying in Dallas!) It is located in the same neighborhood as Timber Park, so we are very familiar with the area and know exactly what we need to do to get this property performing. I need to move very quickly... I have secured a mortgage at $1.3M. I am looking for ACCREDITED JV partners with a minimum of $100,000 to invest in this project (sorry cannot be RRSP's). The plan is the same as at Timber Park. Conservatively, we expect within 12 months this building will be stabilized (which means at 90% or higher occupancy... with good, paying tenants). After it is stabilized for 3 months, we will refinance and pay the investors out a minimum of 85% (expected 100%) of their original...