Investors, There May Be A Window Of Opportunity in Alberta!

 

There was a recent article in the news that suggested that despite all the bad economic news that we have heard about lately and according to RBC Economic Research, Alberta will lead the country in growth for 2019.

Here is a link to the article from Troy Media, Alberta to Lead The Country In Economic Growth

Based on that, there may be some opportunity for investors who want to take advantage of this growth and potentially invest in buying, renovating and selling homes in Alberta.

As a broker, I have access to all sorts of programs.  One that fits perfectly with this scenario is a program available through one of my private lenders.  This lender will finance the purchase of an investment property to 100% of the purchase price less $10,000.

The investor must pay his/her own funds for the renovations and the renovations must increase the value of the home by at least 25% of the original purchase price. 

(i.e. An investor could purchase a home for $300,000 with $10,000 down payment, the value after renovations must be no less than $375,000)

With this lender there are no legal fees, no appraisal fees, no admin fees and no renewal fees.  The rates are reasonable based on the type of financing they are providing and the little documents they require for an approval.

There are some investors who are using this program to fund 5 to 10 renovations at a time, where they can use scale and efficiency to build additional profit from each project.

If you, or someone you know is looking at some renovation and flip properties, this could be a perfect fit for you.  Give me a call or text and we can review the specifics.