Jahquan L. found a fantastic property at an auction and needed funding fast to be able to purchase, rehab and resell this home for an excellent profit. He came to Do Hard Money to fund his deal and we were able to cover 100% of the property purchase price as well as 89% of the rehab costs. Thanks to our funding, Jahquan was able to purchase this home for a steal of a deal – only $62,000 – and get to work on the rehab right away.
Jahquan performed a full renovation on this home, including brand new granite counter tops, stainless steel appliances and beautiful cabinets in the kitchen. He also added new exterior and interior paint throughout, new carpets and refinished all of the hard wood flooring. He also upgraded the bathrooms to include new vanities and beautiful tile. When all is said and done, Jahquan is looking to make an overall estimated profit of $22,114 on this property.