$250,000

An investor in Philadelphia partnered with Barnett REI Finance in February 2024 to fund a fix-and-flip project with a total loan amount of $144,000. The property was originally purchased for $130,000, with a construction budget of $54,000 aimed at modernizing and repositioning the home. The initial ARV was projected at $220,000, and the loan had a maturity date set for November 2024. Although the project timeline extended beyond the original term, the investor ultimately sold the property in May 2025 for $250,000, well above the initial valuation. This deal highlights how staying the course and making strategic improvements can lead to a strong finish.