Experienced Canadian Flipper, Needs Financing

[Dave Vogt]

Hey fellow BP'rs,

Have a project under contract in Virgil Ontario, Canada and looking for funding to get the deal done or I will have to wholesale it.

Breakdown,

• 3bed/2bath brick bungalow
• full partially finished basement
• 1400 sq/ft with a 90x170 lot
• double deep heated attached garage
• mostly cosmetic repairs
• need a roof, bathrooms redone, and kitchen, flooring, and paint

purchase price $230,000, ARV $315,000, assessed value $265,000

estimated repair costs $30,000 in materials (we do all of our own work)

Looking for investor to come on board who will fund the entire deal plus $5K for closing costs on a first mortgage, interest rate of 10% interest only, with a balloon payment at the end of the flip.

Estimated time to finish the flip is 4-6 months. We currently have two other flips on the go and our investors aren't in a position to do this one for us.

My company Real Estate Rescue has over 20 flips to our name and almost 10 years of experience with a solid repeatable system in place. My partner is a real estate agent saving half of the commission on sale or all of the commission if we sell the home.

Our business is growing and we are seriously looking for one or two more investors to grow our business. We currently flip 4-6 houses a year and wholesale a few more (we are growing this number as our lead generation increases).

If this is something you might be interested in please contact me for more details. Private money is what drives our business and having investors that understand real estate is a big part of what we are looking for. We would like to find an investor open to growing with our company. We offer great returns with investments secured with real estate.

Thank you,

David Vogt

Real Estate Rescue

1(905)-341-7355