Georgia Rehab Investment

georgia rehab investment front of house afterTake a look at this Georgia rehab investment Don was able to do with a hard money loan from Do Hard Money.

This house sits in a beautiful cul-de-sac, with no boarded up homes in a great neighborhood. The floors are all hard wood, and no structural issues present. It presented a great investment opportunity in an area with little to no crime and great chances of the property selling quickly, within 90 days.

The seller accepted Don’s offer of $65,000 for the house, and we were able to fund 100% of the purchase price. If you look at the before images below you will see that an extensive rehab was needed even though the property itself was sound.

After working with a contractor to get the rehab scoped and planned the loan was alos able to cover 100% of the $74,165 rehab budget. That’s right, we were able to cover 100%  of Don’s property purchase and 100% of his rehab.

All that was left were the loan, closing and holding costs. DHM covered most of that as well, and he only needed to bring $1,066.11 cash to close to complete this deal!

The ARV on this fix and flip was $250,000. All of the real estate professionals evaluating this deal and helping with values and comps determined that it would easily sell within 90 days for that price. That would result in over $80,000 in profit for Don, once his loan was paid off and he paid himself back for the earnest money and cash to close!

View HUD statement for this deal by clicking on the link here.

HUD 

Look at these Georgia rehab deal before images!

Georgia rehab 1

Rear of House – Before

Georgia Rehab 2

Front of House- Before

Georgia Rehab 4

Interior – Before

Georgia Rehab 5

Kitchen – Before

Georgia Rehab 6

Interior – Before

Georgia Rehab 7

Bathroom – Before

Georgia Rehab 8

Interior – Before

Georgia Rehab 9

Interior – Before

And the after pictures!

Georgia Rehab after front

Front of House- After

Georgia rehab outdoors after

After

Georgia Rehab interior after

Interior – After

Georgia Rehab 3

Interior – After

Georgia Rehab 6

Interior – After

Georgia Rehab 7

Bathroom – After

Georgia Rehab 8

Interior – After

Georgia Rehab 9

Interior – After

Let our hard money loan team fund your first rehab, or your next one! Give us a call at 801-692-7703 so that we can help uou get started. We can not only fund your deal, but also help you learn to recognize a property like this one. One that you can complete with low or no cash to close. Let us teach you how to flip a house.