$899,000

Even experienced investors face challenges, and this Atlanta, GA project was a tough lesson in timing and market shifts. A repeat borrower found a distressed home with great potential, investing in a full gut renovation and a beautiful addition to maximize value. With a purchase price of $460,000 and a construction budget of $232,300, the total loan amount reached $623,800. Initially projected to sell for $950,000, the home ultimately closed at $899,000 after sitting on the market for 268 days. The extended 24-month timeline impacted profitability, highlighting the importance of speed and market timing in the fix-and-flip business. Even when a project falls short, every deal is a learning experience that shapes future success.