FIX AND FLIP LOAN

PHILADELPHIA, PA


BEFORE

AFTER

The Numbers Behind the Flip*

Project Duration

February 2022 - December 2023

Loan Amount

$158,499

Purchase Price

$76,050

Construction Budget

$75,000

Client Contribution

$7,499

Total Project Cost

$151,050

ARV

$230,000

Resale Price

$312,000

*At the time of initial funding

This Philadelphia, Pennsylvania fix-and-flip project highlights how experienced investors can create exceptional value even when a project takes longer than anticipated. Barnett REI Finance funded a $158,499 loan to support the purchase of the property for $76,050 and a $75,000 renovation budget. Although the project, which began in February 2022, was originally expected to pay off in March 2023, the borrower remained committed to executing their vision. The property ultimately sold in December 2023 for $312,000—well above its projected after-repair value of $230,000—demonstrating that patience, quality renovations, and the right financing partner can lead to outstanding results.

Profitability & Lessons Learned

Inside the Deal

BEFORE

AFTER

BEFORE

AFTER

BEFORE

AFTER

BEFORE

935 Susquehanna

AFTER