John U. found a property in the highly desirable Lake Carmel gated community. This house was slowly deteriorating and bringing home values in the neighborhood down. John 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 funded 100% of the property purchase price and the rehab costs. To make this deal work, John brought only $8,878 cash to close!
John went straight to work on an incredible renovation of this home. First, he upgraded the kitchen to include new granite counter tops and stainless steel appliances. He also knocked through some walls to create a larger living space. Needless to say, this gorgeous home sold quickly on the MLS. John gained an overall estimated profit of $39,572 on his property.