Profit like a developer with phase 2 and 3 of Oliver Landing. You can now invest in these 28 townhouse units that will be built and sold in booming Oliver BC.

You'll appreciate: the security that the developer's deferred equity provides; that the developer has prepared the lot; that the zoning is already in place; the eligibility of registered funds such as RRSPs and TFSAs; and that this project is well beyond shovel ready with phase 1 demonstrating the project is profitable.

Simplified Business Plan:

1. $1.75M equity raise from investors
2. Acquire the remaining townhouse lot (zoned for 28 THs) valued at $1.46M for $1M cash and $460,000 deferred equity
3. ~$460,000 to prepare lot and obtain 6 pre-sales (there were 20 pre-sales for phase 1 and only 12 townhouses available)
4. Obtain ~$3.6M construction financing, build Phase 2 (12 townhouses) and sell for ~$4.5M
5. Obtain $3M construction financing, build Phase 3 (16 townhouses) and sell for $7M
6. Repay investors $1.75M plus preferred dividend, then repay $460,000 deferred equity
7. The $665,000 anticipated profits will be paid to investors as a 30% preferred dividends targeted in about 2 years, with any surplus divided between the investors and developer.