Location: Balch Springs, TX

Purchase Price: $151,000

Rehab Costs: $30,000

Sale Price: $245,000

Net Profit: $37,400

Return on Investment: 84%

Loan Structure: 9 months interest only

Loan Purpose: Property purchase and renovation

Our client modernized this three-bedroom, two-bath home in Balch Springs, TX and flipped the property for a profit in under 5 months! They remodeled so that the home now includes a renovated kitchen featuring new granite countertops, fresh interior and exterior paint, updated flooring, and a refreshed living room filled with natural light and a wood-burning fireplace. Once all the renovations were complete, this property was put on the market and sold for $245,000, earning our client an 84.6% return on their investment with over $37,400 in net profit.