- Joined
- Aug 29, 2007
- Messages
- 10
We have an accepted offer for a North East Edmonton property and we are looking for a money partner to form joint venture partnership.Here are the highlights:
Property type: 3 bedroom town House
Property built: 1972
Purchase price: $215,000
Minimum Investment needed: $50,000 - $60,000
ROI (before profit sharing): 30%-40% - that depends on financing satructure.
Deadline to lift conditions: November 16, 2007
Closing date: January 1, 2008
Comments:
We already own the same kind of property in the same complex. We know the company that runs the complex, familiar with the rents and have our people there to assist with the transaction and the management: lawyer, home inspector, handy man, property management
The condition of the property is excellent. The unit is vacant and we have the right to show it to potential tenants before closing date. We can get top rent for the complex of $1,200.
Because of the near deadline to lift conditions (inspection, condo documents and most importantly mortgage, we are looking for someone who can make a quick decision, provide the cash + take mortgage. We will take care of the rest.
Another option is to assign it to an investor for a $5,000 fee.
Please let us know if you have any questions or require more information.
If you know anyone that might be interested in this opportunity please feel free to forward this info. We are willing to pay $2,000 finder`s fee.
e-mail [email protected] or call me (647) 219-1595
Arnon Eshel
Property type: 3 bedroom town House
Property built: 1972
Purchase price: $215,000
Minimum Investment needed: $50,000 - $60,000
ROI (before profit sharing): 30%-40% - that depends on financing satructure.
Deadline to lift conditions: November 16, 2007
Closing date: January 1, 2008
Comments:
We already own the same kind of property in the same complex. We know the company that runs the complex, familiar with the rents and have our people there to assist with the transaction and the management: lawyer, home inspector, handy man, property management
The condition of the property is excellent. The unit is vacant and we have the right to show it to potential tenants before closing date. We can get top rent for the complex of $1,200.
Because of the near deadline to lift conditions (inspection, condo documents and most importantly mortgage, we are looking for someone who can make a quick decision, provide the cash + take mortgage. We will take care of the rest.
Another option is to assign it to an investor for a $5,000 fee.
Please let us know if you have any questions or require more information.
If you know anyone that might be interested in this opportunity please feel free to forward this info. We are willing to pay $2,000 finder`s fee.
e-mail [email protected] or call me (647) 219-1595
Arnon Eshel