FIX AND FLIP LOAN
Philadelphia, PA
BEFORE
AFTER
The Numbers Behind The Flip*
Loan Amount
$186,480
Purchase Price
$120,000
Construction Budget
$113,100
ARV
$315,000
Timeline
May 2024-July 2025
Resale Price
$337,000
*At the time of funding
In May 2024, Barnett REI Finance backed a $186,480 fix and flip loan in Philadelphia, PA, giving the borrower the capital to purchase the home for $120,000 and complete a $113,100 renovation. While the loan was originally structured as a nine-month term, unexpected delays stretched the project until July 2025. In the end, patience paid off—the property not only held its value but sold for $337,000, exceeding the $315,000 ARV. This project proves that with the right financing partner, even extended timelines can lead to stronger-than-expected results.
Profitability & Lessons Learned
Inside the Deal
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AFTER
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BEFORE
451 Fitzgerald St
AFTER
Client Contribution
$46,620
Total Project Cost