Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on .

User Stats

6
Posts
3
Votes
Dave Allen
  • Contractor
  • Winnipeg, MB
3
Votes |
6
Posts

Looking for private money!

Dave Allen
  • Contractor
  • Winnipeg, MB
Posted

I am an experienced contractor with a top notch crew. We've completed many projects for investors in our local area and I just recently jumped into the game and bought my first personal flip. A few days after conditions were lifted, my lender calls me and tells me he has to back out of the deal. WHAT? I know. 

We are in Winnipeg, Manitoba but would love to work with anyone at terms that make the deal attractive to you! If you have any questions you can, of course, reply here or email/call directly.
[email protected]; 204-996-4685

The deal:

147 Edgemont 
Fix and Flip or BRRR
3bed, 3 bath > 5bed, 3 bath

Ideal investment: $308,000               Ideal terms: 15% preferred rate of return, annualized (open to other terms)

Purchase price: $215,000
Renovation budget: $85,000
Closing and Holding costs: $8,000
Current city assessment: $369,000
ARV: $425,000++
Gross Profit: $112,000
Estimated project length: 4 months
Exit plan: sell or refinance and hold as personal

Looking for