- Joined
- Jun 22, 2008
- Messages
- 191
Hi,
I am presented with this sandwiched RTO deal (single family) in Gatineau, QC, 20 minutes from Ottawa.
The return is 24%. The RTO agent (in the middle) will receive $1250 from the tenant-buyer (hence $200 x 36) = $7200, and the 3-year Option price of 163,000 (hence rare-end profit of (5,000). What I get in return is a hands-off investment.
Could some RTO experts comment on this deal?
I am presented with this sandwiched RTO deal (single family) in Gatineau, QC, 20 minutes from Ottawa.
The return is 24%. The RTO agent (in the middle) will receive $1250 from the tenant-buyer (hence $200 x 36) = $7200, and the 3-year Option price of 163,000 (hence rare-end profit of (5,000). What I get in return is a hands-off investment.
Could some RTO experts comment on this deal?