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.