Lisle Illinois Hard Money Loan Funded

Take a look at this incredible hard money loan we funded in Lisle, IL! Michael R. found a four-bedroom, three-bathroom Cape Cod-style home within walking distance of Prairie Pond Park. Ideally located, this property is only a few minutes away from Morton Arboretum and freeway entrances. Also, this home is only two blocks away from exciting downtown Lisle. However, this home needed some massive TLC and Michael saw great potential for massive profits. Do Hard Money happily provided a hard money loan to help Michael fulfill his vision for this Illinois home. We funded 100% of the property purchase price and rehab costs, plus 40% of the closing costs. Do Hard Money advised Michael on every step of the process and as a result, Michael secured the funding, purchased the property and started the rehab as quickly as possible.

Michael worked hard on this rehab and executed an amazing transformation of this property! Michael completely rehabbed the kitchen to include brand new GE appliances, granite counter tops, and a subway tile back splash. The kitchen also now has beautiful new cabinets with EZ close. In addition to these fantastic upgrades, Michael also added custom wainscoting in the living room, hallways and stair way. Michael put in new carpets for all of the upstairs bedrooms, as well. He upgraded the bathrooms with new custom vanities and mirrors. Also, Michael finished the basement and added gorgeous custom wood work. Thanks to Michael’s hard work, he earned an overall estimated profit of $62,682! For further details* on Michael’s deal, check out the table below!

Loan DetailsCost% Funded
Purchase Price$113,159100%
Rehab Costs$24,953100%
Closing Costs$23,19440%
Interest$11,051
Total Funding Needed for Deal$172,356
Do Hard Money Loan Amount$147,350
Earnest Money$3,240
Seller Paid Costs$4,696
Cash-to-Close$17,071
After Repair Value (ARV)$244,459
Selling Costs$17,357
Loan Payoff$147,350
Cash-to-Close Payback$17,071
Estimated Net Profit$62,682

*Minor loan details not included.

We are so pleased for Michael’s success! Do Hard Money offers 100% financing and you can even take advantage of $0 cash-to-close on qualifying properties. Ready to get started? Excellent! We’re here to help!

Click on this link to schedule your appointment with our investment associates. It’s time to finally leave that unfulfilling 9-5 job behind and open the door to financial freedom! Earn thousands of dollars with each investment deal. Schedule your appointment today!

To speak with an investment associate right away, call us at 801-948-9774. Our REI experts will help you achieve your next profitable deal.

In addition to these options, you can also get pre-qualified today and start on the road to financial freedom! The application process for hard money loans is fast and simple – just fill in the fields in the yellow ‘Get Prequalified’ box on the upper right. Click ‘GET PREQUALIFIED’ to earn massive profits in real estate investments!