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PRIVATE INVESTOR REQUEST Low LTV - $76,494 Projected Annual Profit

Discussion in 'Joint Ventures' started by DanielA, Nov 3, 2017.

  1. DanielA
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    DanielA Mortgage Professional REIN Member

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    Hello Fellow REIN members
    I have a file that I believe would be of interest if you like passive income in the form of being a private lender aka the bank.

    Please review the summary below:

    Mortgage Position: 1st (First)
    Projected Annual Yield: 12%
    Total Projected Annual Profit: 76,494
    Requested Closing Date: November 25/2017 or sooner
    LTV: 55%
    Term: 12 months
    Gross Registered Mortgage: 637,450
    Net Mortgage to Borrower: 566,205
    Property Type: 4 quarter sections of Ag-land; which include 1 quarter with the primary residence in northern Alberta.

    Funding can be in personal name, company name, and also thru Olympia or Canadian Western Trust with registered or non-registered funds.

    Require between 1, 2 or 4 investor to fund 100% with equal splits.
    1. If 1 Investor – 100% ($592,828.50 to fund)
    2. If 2 Investors – 50% each ($296,414.25 to fund)
    3. If 4 investors – 25% each ($148,207.13 to fund)

    Note: Single Investor is preferred set up.

    If you'd like more opportunities sent directly to your inbox, please contact for more details or complete the link below:

    https://www.coinmortgage.com/investor-signup/

    Thank You,
     

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