Suwanee Georgia Fix and Flip Hard Money Loan

suwanee-georgia-fix-and-flip-hard-money-loan house

Rodger R. found a phenomenal fix-and-flip opportunity in Suwanee, Georgialocated in the beautiful Northbrooke subdivision. This three-bedroom, three-bathroom property sports a lovely brick exterior with an attached two-car garage. Rodger brought this deal to Do Hard Money and we funded his very first real estate investment deal. As a hard money lender, we funded 100% of the property purchase price. We also covered 35% of the rehab costs. In fact, this deal proved so profitable that we qualified his property for low cash-to-close! As a result, Rodger only had to bring $1,493 cash-to-close to make the deal work! Click here to check out the property’s HUD.

Rodger received fast funding from Do Hard Money and immediately started planning an excellent rehab. First, he completely renovated the hard wood floors throughout the property. Then, Rodger gave the interior a new paint job to give the home a more modern feel. He also upgraded the kitchen to include gorgeous new cabinets and new counter tops. Next, Rodger improved the landscaping in the front and back yards and added beautiful plants. Finally, Rodger finished the basement and gave it a separate entry, which could easily be used as an in-law suite or rental space. As a result of Rodger’s hard work and great rehab, this home sold very quickly.  He earned an overall estimated profit of a whopping $63,435 on this property! For more details* on Rodger’s deal, check out the table below!

Loan DetailsCost% Funded
Purchase Price$90,000100%
Rehab Costs$13,00035%
Closing Costs$10,493
Interest$0
Total Funding Needed for Deal$113,493
Do Hard Money Loan Amount$94,500
Earnest Money$2,500
Seller Paid Costs$15,000
Cash-to-Close$1,493
After Repair Value (ARV)$169,900
Selling Costs$10,473
Loan Payoff$94,500
Cash-to-Close Payback$1,493
Estimated Net Profit$63,435

*Minor loan details not included.

Do Hard Money can help you earn massive profits on real estate investment deals, just like Rodger! Just think about it – this was his very first deal with us! As a result of our funding, Rodger gained a profit of over $60k! With the right property, you can earn solid returns on your investment as well. Do Hard Money is far more than just a lender. We also provide a wealth of investment training, tools and resources to help you achieve a maximum profit. As a result, you can grow to be an expert flipper in no time!

Ready to earn thousands and perhaps even replace your 9-5 income? We would love to help you receive high returns on your investment. To begin, all you have to do is click on the button below  to schedule your appointment with one of our investment associates. We can walk you through our process and see if this would be a good fit for you. You can also get in touch with us sooner by calling 801.470-333-7063.

We look forward to helping you start your next profitable REI deal. Schedule your appointment today!