Flossmoor Illinois Fix and Flip Deal Funded

Check out this amazing rehab transformation! Cameron S. found an old colonial home in the highly-desirable Pinehurst subdivision of Flossmoor, IL, an excellent fix and flip opportunity. He saw a great deal of potential in this run-down home, which sits on a large corner lot. Cameron knew if he could get his hands on the funding, he could make-over this four-bedroom, three-bathroom property into a stunning home, perfect for a growing family. He brought this deal to Do Hard Money and we funded 100% of the property purchase price and rehab costs, plus 29% of the closing costs. 

Cameron performed a complete rehab on this property. The most incredible transformation is definitely the kitchen – Cameron added new granite counter tops, stainless steel appliances and gave the entire kitchen a shaker-style peninsula remodel. He also gave the home brand new, oak hard wood floors, fixtures and freshly carpeted bedrooms. The bathrooms have been updated to include custom tile work and new arctic white quartz counter tops. That’s not all – Cameron also added new windows, doors, gutters, siding and roof upgrades to the home! This fix and flip is expected to gain an overall estimated profit of $38,416. To take a look at the details* of Cameron’s deal, check out the table below!

 

Loan Details Cost % Funded
Purchase Price $112,114 100%
Rehab Costs $47,192 100%
Closing Costs $22,380 29%
Interest $12,435
Total Funding Needed for Deal $194,121
Do Hard Money Loan Amount $165,800
Earnest Money $3,210
Seller Paid Costs $7,296
Cash-to-Close $17,815
After Repair Value (ARV) $239,000
Selling Costs $16,969
Loan Payoff $165,800
Cash-to-Close Payback $17,815
Estimated Net Profit $38,416

*Minor loan details not included.

We are so excited for Cameron’s success with his Illinois property. DHM is here to offer you 100% financing on your next fix and flip real estate investment! Ready to get started? Do Hard Money is here to help you open the door to financial freedom.

Click on this link to schedule your appointment with our investment associates. It’s time to kick that boring 9-5 job to the curb and become your own boss, earning tens of thousands per investment deal with $0 cash to close. Schedule your appointment today!

Looking to speak to an REI professional right away? Perfect! Just give us a call at 801-948-9774 and we’ll help you get started right away.

You can also get started on the road to REI success by getting pre-qualified for your fix and flip loan today! It’s really easy to apply – just fill in the fields in the yellow ‘Get Prequalified’ box on the upper right – then click ‘GET PREQUALIFIED’ and you’ll be on your way to earning thousands of dollars in profit!

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