FIX AND FLIP LOAN

Oakwood Hills, IL


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The Numbers Behind the Flip*

Project Duration

October 2021 - October 2022

Loan Amount

$119,000

Purchase Price

$130,000

Construction Budget

$77,000

Client Contribution

$88,000

Total Project Cost

$207,000

ARV*

$188,000

Resale Price

$245,000

*At the time of initial funding

Oakwood Hills, Illinois investors can often uncover significant value through strategic renovations, and this project is a great example. The borrower acquired the property for $130,000 and secured a $119,000 loan from Barnett REI Finance to help execute their investment strategy. With a $77,000 construction budget, the property underwent substantial improvements that transformed its market appeal. Originally projected to achieve an after-repair value of $188,000, the completed renovation far exceeded expectations, resulting in a resale price of $245,000. From acquisition in October 2021 to sale in October 2022, this project demonstrates how disciplined execution and a strong eye for opportunity can turn a modest investment into an exceptional outcome.

Profitability & Lessons Learned

Inside the Deal

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210 lake shore dr

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