Cardon Real Estate
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General Information
Locality: Marwayne, Alberta
Likes: 33
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*WHOLESALE*DELWOOD*$30K UNDER FMV - Suited ARV $420K - $470K - BRRR, FLIP, Legal Suite Conversion - The perfect baby boomer bungalow in the very sought after community of Delwood. - 2 car detached garage ... - Easily suitable. - Under contract for $250,000 + $5,000 wholesale fee. Please DM for videos and to schedule a call.
***SAFE INVESTOR OPPORTUNITY *** This deal is as Covid proof as they come. Don't wait for the dust to settle, put your money to work now. Legal up/down duplex conversion in a very desirable up and coming neighborhood with strong rental demand due to proximity to transportation, essential services and major commuting routes. We will be providing a product to meet the growing market demands of quality up scale rentals in excellent neighborhoods at a competitive price point as m...ore people choose or are forced into the rental market. With a below market purchase price, forced appreciation and a strategic refinance strategy this deal has mitigated the risk and left only upside with conservative estimates that project 13% ROI with 0% market appreciation over the term! Please comment with your email to receive an investors package. HIGHLIGHTS - $35,000 below FMV purchase price - Desirable and up and coming area - Strategy: BRRR - Investment: $52,500 - Investor Qualification: $200K Mortg. and $110K Hard Money reno budget - Projected ROI: 13%/Annum - Term: 3 Yrs
Be careful when you see the article headlines exclaiming "RENTS TANK". In Canada, and since covid this is the story for the two markets that were arguably riding a very large real estate bubble, Toronto and Vancouver. Real estate is local. From what I have seen in the markets we deal in there has been little or no change in rent prices since covid. Remember don't base your opinions on the headlines. There only designed so you click, probably not the whole story especially when it comes to real estate at the moment in Canada.
I explain the impacts of covid on the real estate market and why now is the best time to invest!
Introduction explaining who we are and what we do.
Congrats to our investor as CardonRE lands another accepted offer on a lucrative Flip opportunity in Edmonton. Once the financing is in place our investor will wait to receive his check. In the meantime we will be very busy pulling this project together with a projected $100,000 renovation budget.
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