Welcome!

By registering with us, you'll be able to discuss, share and private message with other members of our community.

SignUp Now!

Over 380% ROI on Borrowed Investment Funds in just 3 years!

RedDeerWilliam

0
Registered
Joined
Aug 30, 2007
Messages
51
With a projected share of the profits yielding a return of 72.76% on your cash or more like 381% on your borrowed funds in just 3 years, this can be a very easy and painless `Single-Family House` JV purchase deal for you. The property is located in a well-established area in Red Deer with solid fundamentals. There`s even a decent positive cashflow because the rent is set as part of the agreement with the tenants because we are setting them up as Rent-to-Own Buyers of the property (at $1990/mo = +$288CF).We want to secure a Buyer who wants to buy it from us in 2 to 3 years via an Agreement-For-Sale agreement. The JV is asked to bring the following to the deal: [*]10% down payment ($39,100 - includes closing costs) - must be able to qualify for a High Ratio mortgage[*]Goes on Mortgage and Title with JV Agreement added via caveat[*]Your Projected 2-year R.O.I. = 26.47% or 181% if your investment cash is borrowed money @ 5.5%[*]Independent Legal Council[*]This is 2 to 3 year window[*]A Sophisticated Investor Binder or at least having your financials in order to expedite the financing process.I provide:
  • The Deal!
  • All Renovation & Advertising
  • Funds
  • The Rent-to-Own Buyer
  • with a 2 or 3-year option-to-purchase lease
  • All the property management
  • and all dealings with the `Rent-to-Own` BuyerThe JV agreement
  • which we register on titleBring in the Mortgage Broker
  • (unless you prefer to use your own!)
  • Real Estate expertise from the Red Deer
  • area
  • Provide the Real Estate team
  • (Accountant, Lawyer to handle the Rent-to-own paperwork, Property Management...etc.)Fully renovated upstairs
  • and new renovations currently going on in the basement!Exit Strategy
  • :
    2-year hold with an option to go to a 3-year term with a sale to the `Rent-to-Owner` that is brought in.Upon sale, both JV partners receive their invested cash back first then a 50-50 split
The Sale Price is $351,000
which is set at the City`s Assessed Value. See the 3-year and 2-year prospectuses attached. See www.myreddeerhouse.com
http://www.myreddeerhouse.com for pictures and details about the property. You can also purchase this property outright if you`d rather have the entire deal for yourself!
Based on the conservative numbers used to forecast this deal, the returns appear to be better suited for a Lease-to-Own situation as opposed to a Buy-&-Hold!

Thank you very much for your interest.

Outside of your due diligence and getting the financing to start the deal, there isn`t much of anything else you`ll have to do until closing the sale at the end of the Rent-to-Own contract!

Time is of the essence this deal will only be available until early July!
 
Top Bottom