Here is another excellent opportunity that is being purchased by one of our Armchair Landlords. We are sharing some of the details with you to further illustrate the type of investment opportunities our Armchair Landlords achieve.
Purchase Price
$350,000
- Wainwright, AB
- $70,000 down payment by the ACL
- $70,000 deposit on repurchase by tenant returned to the ACL on closing
- $0 term capital contributed by the ACL (we call this a “free house” purchase)
- Taxes – Tenant pays
- Maintenance – Tenant pays
- Insurance – Tenant pays
- Your legal cost – Tenant pays
- $19,728.71 Total projected earnings
- With none of your own money at risk, you are able to acquire a house and return almost $20K over 3 years
- Rinse and repeat – buy 5 houses and earn $100K over 3 years. This is how we help our ACLs build long term, life changing wealth.
If you are interested being contacted about any new ones that we are currently developing, please contact us to have your name kept on our priority wait list!