John U. found a property in the highly desirable Lake Carmel gated community which was slowly deteriorating and bringing home values in the neighborhood down. He knew with the right rehab, he could transform this home into the most beautiful property in the area. He came to Do Hard Money for help with funding and we were able to fund 100% of the property purchase price and the rehab costs. To make this deal work, John only had to bring $8,878 cash to close!
John went straight to work on an incredible renovation of this home. He added new granite counter tops and stainless steel appliances to the kitchen and knocked through some walls to create a larger living space. His home sold quickly on the MLS and he was able to gain an overall estimated profit of $25,434 on his property.