FIX AND FLIP LOAN
Berwyn, Illinois
BEFORE
AFTER
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 The outdated home had great bones but needed a full transformation to reach its potential.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.