$222,000

Barnett REI Finance provided a $100,000 renovation loan to support the acquisition and rehabilitation of a residential investment property in Dolton. The borrower purchased the property for $80,000 and completed approximately $40,000 in renovations to transform the home and increase its market appeal. With a projected after-repair value of $175,000, the project presented a strong value-add opportunity from the outset. After closing in November 2020, the borrower successfully executed the renovation plan and sold the property in September 2021 for $222,000—more than $47,000 above the original ARV estimate. The result demonstrates how strategic improvements, combined with favorable market conditions, can create value beyond initial projections and significantly enhance an investment's overall return.