CURRENT/ RECENT OPPORTUNITIES

Ottawa, ON $300,00

Appraised Property Values: NOTE: Borrower has a firm sale for Commercial property - January 2020; but needs to close on 2 Residential rental properties asap, will provide collateral on all properties.

Property #1- Ottawa  $4.9-$6.5M

Property #2- Vars, ON $700,000

Property #3 -Ottawa $710,000

LTV (incl. requested) 67%

Return on Investment: 15.00%*

Term: 3 months

1st Mortgage: $300,000 *Non registered funds only due to quick close **

Overview: As per above. We need this funded asap.

Investor Note: Business Owner/Financial Analyst/Investor: $100,000. Assets in Holdings in excess of $6 million. 

*ROI is calculated based on Annual Percentage Return; including Monthly Interest Payments, Lender Fees retained, and Discharge Fees.

RECENTLY FUNDED (no longer available)

Woodstock, ON $65,000

Appraised Property Value $248,000

LTV (incl. requested) 80%

Return on Investment 14.05*

Term: 12 months

1st Mortgage -$133,243

Overview: Client has a rental property and is looking to consolidate debt to lower his credit utilization and increase his cashflow.  Applicant is a painter, 65K+ /annual income 3+ years.

Investor Note: Good repayment history. Credit score 649. Client will refinance with the bank in 1-2 years.

*ROI is calculated based on Annual Percentage Return; including Monthly Interest Payments, Lender Fees retained, and Discharge Fees.

Toronto, ON $133,200 

Appraised Property Value $1,210,000

LTV (incl. requested) 80%

Return on Investment  15%*

Term: 12 months

Requested Amuont -$133,200

Overview:Clients over spent on renovations for their income property and did not realize the return they had hoped for. They sold the property after an extended stay on the market and are trying to free up their cashflow so they can clean up their credit and then refinance to clear of their debts.

Investor Note:Client is an accountant with the same company for an extended period of time.

*ROI is calculated based on Annual Percentage Return; including Monthly Interest Payments, Lender Fees retained, and Discharge Fees.

Lowell, ON $87,750

Appraised Property Value $585,000

LTV (incl. requested) 80%

Return on Investment 14%*

Term: 12 months

1st Mortgage -$380,250

Overview:Applicant is self-employed and will be declaring more income to qualify for better financing next year. Current income $78,000, 10 years full time.  (CB Score 665). Spouse is not employed. (CB Score 722).

Investor Note: None

*ROI is calculated based on Annual Percentage Return; including Monthly Interest Payments, Lender Fees retained, and Discharge Fees.

MOONBEAM, ON $146,250

Appraised Property Value $220,000

LTV (incl. requested) 66%

Return on Investment 12%*

Term: 18-24 months

1st Mortgage -Private will be in first position.

Overview: Client’s are trying to repair their credit by paying off debts, this low 1st mortgage payment will allow greater cashflow until they are able to transfer to the local Credit Union.  Applicant 1 will need 2-3yrs to recover from a consumer proposal, while Applicant 2 will need 6 mths to see good credit repair.

Investor Note: Client and Broker are working towards a 2 year exit plan, as such, the plan will be to renew next year.

*ROI is calculated based on Annual Percentage Return; including Monthly Interest Payments, Lender Fees retained, and Discharge Fees.

BRAMPTON, ON $29,000 (CASH & TFSA ELIGIBLE ONLY)

LTV (incl. requested) Less than 70%

Return on Investment 10%*

Term:6-12 months

Tentative Closing: August 8, 2019

Investor Note: Low Risk

*ROI is calculated based on Annual Percentage Return; including Monthly Interest Payments, Lender Fees retained, and Discharge Fees.

BRECHIN, ON $475,000

Appraised Property Value $1,500,000

LTV (incl. requested) 80%

Return on Investment 16.99%*

Term: 12 months

1st Mortgage $800,000

Overview:  Client went through some hardships and is trying to stabilize their financial position. Business is getting a cash infusion from new partner.

Investor Note: Potential for full interest payment hold back. Trust fund is involved and will be reviewed as part of due diligence.

*ROI is calculated based on Annual Percentage Return; including Monthly Interest Payments, Lender Fees retained, and Discharge Fees.

NEWMARKET, ON $250K

Appraised Property Value $1.135M LTV 85%

Interest Rate 13.99%

Discharge fee= $1500 (paid to you at the end of the term)

First Mortgage $725K

PRESCOTT, ON $74,500

Appraised Property Value $310,000 LTV 85%

Interest Rate 13.99%

Discharge fee= $1500 (paid to you at the end of the term)

First Mortgage $190K

WOODSTOCK, ON $82,000

Appraised Property Value $690,000 LTV 80%

Interest Rate 13.99%= $10,000 (paid to you upfront)

First Mortgage $470K

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