We purchased the property cash (no mortgage) for $500,000.
Added $200,000 of renovations. Totalling $700,000 all in.
Received appraisal for $800,000.
Typical 80% LTV financing gave us $640,000 back!
After receiving the $640,000 we only have $60,000 left in the deal!
The property cashflows $1,500+ in positive net cashflow after all expenses and conservative contingencies.
As you can imagine, our investor is ECSTATIC!!
We’d love to tell you how we did it!
* (not guaranteed)
RRSP, TFSA, & Cash investment
A portfolio of diversified condos in Victoria, BC
Skyeview Development Victoria BC The REINVESTORS & TLA Developments
22% ROI, 2 year term
Accredited Investors
56-unit condo development (build to sell) in a prime area of Victoria, BC.
$5,500,000 profit, Above average ROI, 2-2.5 year term
Accredited & exempt investors
Investors receive 28% of profits
