FIX AND FLIP LOAN

Chicago, IL

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The Numbers Behind The Flip

Loan Amount

$204,000

Purchase Price

$140,000

Construction Budget

$100,000

ARV

$315,000

Timeline

April 2024-January 2025

Resale Price

$340,000

In April 2024, a savvy investor took on a promising fix-and-flip project in Chicago, purchasing a distressed property for $140,000. With a well-planned $100,000 renovation budget, they transformed the home into a modern, market-ready space. The total loan amount was $204,000, and the investor initially targeted an ARV of $315,000. However, strong market conditions and smart upgrades pushed the final sale price to $340,000. The project wrapped up in January 2025, demonstrating how strategic financing, efficient execution, and a solid investment plan can lead to a profitable outcome.

Profitability & Lessons Learned

Inside the Deal

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