NEW CONSTRUCTION LOAN
McDonough, Georgia
BEFORE
AFTER
The Numbers Behind The Project
Loan Amount
$382,000
Purchase Price
$70,000
Construction Budget
$379,572
ARV
$575,000
Timeline
February 2024- February 2025
Resale Price
$545,000
A new construction borrower in McDonough, GA took on an ambitious project, starting with a $70,000 lot purchase and a $379,582 construction budget. With a total loan amount of $382,000, they built a brand-new home from the ground up, targeting an ARV of $575,000. While the property ultimately sold for $545,000, the borrower completed the project efficiently, finishing in 319 days—just under the 12-month loan term. This deal showcases the power of well-planned construction financing and serves as a strong foundation for the investor’s future projects.