FIX AND FLIP LOAN
ATLANTA, GA
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The Numbers Behind the Flip*
Project Duration
April 2019 - October 2020
Loan Amount
$196,350
Purchase Price
$95,500
Construction Budget
$135,500
Client Contribution
$34,650
Total Project Cost
$231,000
ARV*
$305,000
Resale Price
$419,000
*At the time of initial funding
This Atlanta, Georgia fix and flip project highlights the power of strong acquisition strategy and targeted renovations in a competitive market. Barnett REI Finance provided a $450,000 loan to support the $395,000 purchase and $185,000 renovation budget for this property, which closed in October 2021. With an original projected ARV of $675,000, the completed home performed almost exactly on target, selling in June 2022 for $674,900. The near-perfect alignment between projection and outcome reflects disciplined execution, accurate valuation, and a well-timed exit in the Atlanta market.
Profitability & Lessons Learned
Inside the Deal
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1156 Chatham
