$254,900

Barnett REI Finance provided a $157,250 renovation loan to support the acquisition and rehabilitation of a residential investment property in Chicago, Illinois. The borrower acquired the property for $115,000 and invested approximately $70,000 in renovations to reposition the home for resale. With a projected after-repair value of $270,000, the project offered substantial upside potential. While the property ultimately sold for $254,900 in May 2023, below the initial ARV estimate, the project underscores the reality that successful investing is not always about hitting projections exactly—it is about making informed decisions, managing risk, and bringing a project across the finish line.