In a peaceful neighborhood ideally located close to schools, Tyler S. found an adorable cottage home that needed some TLC. Tyler saw incredible potential in this three-bedroom, two-bathroom house and knew if he could fix it up, he could sell it for a large profit. He contacted the team at Do Hard Money and we saw tremendous profit in this deal. After running the numbers, we found the deal to be so lucrative that we qualified Tyler for 100% financing. We funded 100% of the purchase price, 74% of the interest fees and 71% of the rehab costs. Tyler brought $0 cash to close to make the deal happen.
Tyler got straight to work fixing up this property into a beautiful home. He performed extensive rehab work on the landscaping and did massive upgrades to the kitchen, including new cabinets and stainless steel fixtures, and bathrooms. Lovely neutral tones of fresh paint made every room come alive with comfort, as well as new carpet and wood flooring. Tyler was able to resell this property on the market quickly, bringing his overall estimated profit to $49,309.