FIX AND FLIP LOAN
PHILADELPHIA, PA
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The Numbers Behind the Flip*
Project Duration
September 2024 - October 2025
Loan Amount
$193,300
Purchase Price
$90,000
Construction Budget
$117,900
Client Contribution
$14,600
Total Project Cost
$207,900
ARV
$316,000
Resale Price
$299,000
*At the time of initial funding
in September 2024, Barnett REI Finance funded a $193,300 loan for a fix and flip project in Philadelphia, PA. The borrower took on a full transformation, breathing new life into an older property with modern updates. Originally structured as a nine-month loan, the project required extra time and ultimately paid off in October 2025. The home sold for $299,000 which was slightly below the $316,000 ARV. Still a solid return. This project highlights how persistence, craftsmanship, and solid financing can turn an aging property into an enviable space.
Profitability & Lessons Learned
Inside the Deal
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5906 CHristian St