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Joint Venture OpportunityDetached House in Bowmanville 3 Bedrooms , 2 Bath 24 Wrenn Blvd, Bowmanville, ON Thomas Wong 416-806-9568 thomaswong@rogers.com Kenneth Sam 416-895-5337 soldin48hours@gmail.com
The Project ,[object Object]
The house was originally listed for 225K. The carpet in the basement needs an upgrade with several rooms requiring a coat of paint.
Offer is accepted to buy the property for 214K. The current closing is set for Nov 23rd 2009.
We are planning to spend approx $5,000 to improve the property. After repair value is between $230K-$235K
Already have a rent-to-own tenant, signed the Lease Option agreement. Tenant has already paid $5,000 towards the purchase deposit.
Using the Lease Option program as the exit strategy, potential profit in 3 years will be approx $40KLeaseToOwnToronto.com | 24 Wrenn Blvd
The Opportuniy   ,[object Object]
5% of Cash Investment ( $2,358 )
Over 50 Hours of Time and Expertise
Cash Partners Invest
95% of Cash Investment ($44,807)

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