Private money lenders info and advice help

[Gurlal Pannu]

Hello all. So I've stumbled across a deal that I think is really worth getting into.

It is a multiplex which i will Brrrr if acuired.

Property is tenated 6 units but has no rent roll all cash and not much 1/4 of market rent. There is no way it would qualify for conventional mortgage. It is also in really bad shape 4/10 probably.

ARV:1 -1.1 million

Repairs approx 250K

I'm trying to get real private lending numbers to see at what price this deal makes sense. It is off market deal with no real ask price. So I want to work backwards to come to a price where this deal makes sense.

Example i heard rates can get high as 10 percent. If i need a 2 year time period for this project and i borrow the approx 800k total ill probably be upto 960k all in with 160k in interest payments.

My main inquiry is based on this info what sort of rates can i get private lender side or whichever other way possible in Ontario,Canada.