Ryan B. found a stunning waterfront property in the quiet neighborhood of Bethel Lake. Sperling’s BestPlaces website forecasted job growth in the area, so Ryan leaped on the opportunity to invest. The beautiful 4 bedroom, 2.5 bathroom home needed a lot of work, but Ryan saw tremendous potential in this property. This being his first rehab, Ryan came to Do Hard Money for help and we were able to fund 100% of the property purchase price and the rehab costs, as well as most of the closing costs. Ryan worked with Michael to help receive funding and he also worked with Freda as his account advisor and Stephanie from the loan team.
Ryan gave the home a complete upgrade, including a brand new roof, new carpet and new wood flooring. He also updated the kitchen with new cabinets, granite counter tops and stainless steel appliances and the bathrooms with brand new granite counter tops on the vanities. After his rehab work was completed, the house sold very quickly and Ryan was able to receive a whopping estimated $50,995 on his first flip with us! We are so pleased for Ryan’s success and want to be able to help you achieve similar results!