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Real Estate Deal Analysis & Advice

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Nathan Boulet
  • Timmins, Ontario
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31
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Bought First SFH without any of my personal money!

Nathan Boulet
  • Timmins, Ontario
Posted May 31 2014, 21:55

Hello Everyone,

I recently bought a SFH in my town of Timmins, Ontario without using my own money. The house is a 3brm, 2 bath SFH with unfinished basement. I got it for 55,000 and I believe the ARV is about 120-130k. I got short term loans @ 10% from private investors to buy the house and I plan on fixing up the house and getting a private mortgage on it then paying back my investo

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