FIX AND FLIP LOAN

Westmont, IL


BEFORE

AFTER

The Numbers Behind the Flip

Loan Amount

$467,400

Purchase Price

$370,000

Construction Budget

$133,822

ARV

$625,000

Timeline

May 2024 - November 2024

Resale Price

$705,000

In May 2024, an investor seized an opportunity in Westmont, IL, purchasing a property for $370,000 with a vision to bring it to its full potential. With a $133,822 renovation budget, they executed a high-quality transformation that elevated the home’s appeal and market value. The total loan amount was $467,400, and while the initial ARV was projected at $625,000, the investor’s strategic upgrades and market timing paid off—the property sold for an impressive $705,000. Completed in just six months, this project is a testament to how thoughtful renovations and smart financing can yield exceptional results.

Profitability & Lessons Learned

Inside the Deal

BEFORE

AFTER

BEFORE

AFTER

BEFORE

AFTER

BEFORE

AFTER

BEFORE

AFTER