FIX AND FLIP LOAN

Berwyn, Illinois


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The Numbers Behind the Flip

Loan Amount

$250,750

Purchase Price

$205,000

Construction Budget

$90,350

ARV

$415,000

Timeline

August 2023 - May 2024

Resale Price

$459,000

After a successful first project with us, a Chicago investor returned for another fix-and-flip—this time in Berwyn, IL. The outdated home had great bones but needed a full transformation to reach its potential. With a purchase price of $205,000 and a $90,000 renovation budget, the borrower went to work, modernizing the space and maximizing value. Initially projected to sell for $415,000, the finished home exceeded expectations, closing at an impressive $459,000. A great reminder that with the right vision and financing, opportunity is everywhere.

Profitability & Lessons Learned

Inside the Deal

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