FIX AND FLIP LOAN

Chicago, Illinois


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The Numbers Behind the Flip

Project Duration

August 2023 - June 2024

Loan Amount

$250,750

Purchase Price

$205,000

Construction Budget

$90,000

Client Contribution

$44,250

Total Project Cost

$295,000

ARV*

$415,000

Resale Price

$459,000

*ARV at the time of initial funding

Barnett Capital funded a fix and flip loan for a residential property in Chicago, Illinois, with a purchase price of $205,000 and a construction budget of $90,000. The project began in August 2023 and was completed by June 2024, showcasing an efficient turnaround in under a year. The investor implemented targeted renovations that added significant value, ultimately bringing the property to an after repair value (ARV) of $415,000. This Chicago fix and flip tells a clear story, when vision, execution, and the right financial partner align, real estate potential turns into tangible profit. With Barnett Capital’s support, the investor brought new life to the property, delivering both value and impact in one of the nation’s most dynamic markets.

Profitability & Lessons Learned

Inside the Deal

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2313 Home Ave