$280,000

In August 2023, an investor came to us with a solid opportunity in Waukegan IL. He purchased a project for $137,000 with plans for a light but impactful renovation. With a construction budget of $38,200 and a total loan amount of $163,200, the goal was to bring the home up to market standards and sell around the projected ARV of $200,000. But with smart improvements and great timing, the home sold for an impressive $280,000 in May 2024. This project is a great example of how even smaller budget flips can deliver big results with the right strategy and support.