Location: Dallas, Texas

Purchase Price: $375,000

Rehab Costs: $75,000

Sale Price: $550,000

Net Profit: $45,000

Return on Investment: 50%

Loan Structure: 6 Months Interest Only

Loan Purpose: Property Purchase and Renovation

Bright, light and airy! This three-bedroom, two-bathroom home in North Dallas was ready for a little love. Our client added new flooring, doors, cabinetry, appliances and more. In just six weeks, it was market ready and sold for $550,000. This property earned our client an amazing 50% return on their investment, nearly $45,000 in net profit with around $75,000 out of pocket!