09/08/2026
This Deal or No Deal is Flip themed. Learn some of the key factors you need to consider when looking for your next flip.
Deal 1 ➡️✅FUNDED FLIP
📍 Edmonton, AB
Loan: $467,000 (including fees)
(LTV) Loan to Value: 70.76%
Interest: 17.49%
(APR) Annual Percentage Rate: 20.45%
Challenge: The client needed a quick closing, minimal upfront capital, and a short-term renovation and resale strategy.
Outcome: The client took advantage of the $10K low down payment option to purchase a property quickly, complete renovations, and resell within six months, allowing them to retain most of their capital for renovation costs.
Deal 2 ➡️❌ DECLINE FLIP
📍 Mitchell, ON
Loan requested: $247,200
Renovation budget: $70,000
Profit: Not Confirmed
Challenge: Given the rural location, there were concerns that the property could be difficult to sell at a profit, which could ultimately impact the client's success.
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Calvert Home Mortgage Investment Corporation | FSRA Licence Number 13267 and 13268