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Oppurtunity In Grande Prairie

TIMWEMBLEY

0
Registered
Joined
Sep 18, 2007
Messages
56
I have recently got a great deal under Contract on a duplex in Grande Prairie. It will positive cashflow from day one with very conservative numbers. I will be closing on the deal next week and am looking for a Money partner to provide down payment. I am approved for a mortgage and can close without a partner but would be willing to share this property with the right candidate as to keep my money free for future deals.
1050 sq side x side 3+1 bedroom with 1 Bathroom and half finished basement. House in excellent shape.
Purchase Price
$175,000
Rents were $1800 a month for similar 6 months ago
Will be looking to Rent quickly in this cooling off rental market $1300-1400 Month
Looking for Money Partner $49,500
5- 7yr hands off commitment should yeid 20% yearly easily.
Message me for more Info or Call

Tim Blake
Investing in Gp For 5 years New REIN Member
780 897 8847
 
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