Sathish S. found an adorable brick home in a highly desirable neighborhood in Chicago, IL. This five-bedroom, two-bathroom home carried a ton of potential. Sathish knew that if he could receive funding for the rehab, he could resell this property for an excellent profit. He came to Do Hard Money for help and we qualified Sathish’s deal for 100% financing. We funded 100% of the property purchase price and rehab costs, with Sathish bringing $0 cash to close to make the deal happen!
Sathish started working on the rehab right away and performed a full renovation on this property. First, he restored the hard wood floors on the main level. He also added new carpets to the bedrooms. Sathish then executed a full kitchen upgrade with new cabinets and new granite counter tops. He also performed a full rehab on the bathrooms, adding new tile and a new shower unit to the master bathroom. As a result of Sathish’s hard work, he gained an overall estimated profit of $28,466 on this deal. Imagine netting an almost $30,000 profit for $0 cash to close! This is an excellent example of what Do Hard Money can do for you.