Sample Deals

Renovation Photos of a House That Private Money Built

Purchase and renovation projects can range from simple cosmetic updates to major renovation and/or re-building. These photos show an extreme example. It made sense to redesign and renovate this property due to the values in the area and the experience level of the borrower.

Here you see the progression from the beginning to end, with the borrower borrowing all the funds necessary for the purchase and renovation of this project.

Here's the deal:
	Original Purchase Price:	$85,000
	Estimated Renovation/Addition Expense	$35,000
	Estimated After Repaired Value:	$175,000
Here's the actual numbers:
	Total Funds Borrowed:	$120,000
	Term of Loan:	12 Months
	After Repair Value per Appraisal:	$175,000
	Lender Earned:	$10,350.00

Deal #2

Here are the numbers for this deal:
	Purchase Price:      (Existing Loan Payments Taken Over)	$105,000
	Cost of Repairs:	$2,500
	Amount Borrowed:      (For Fix-up and Payments on Underlying      Loan During the Repair and Marketing Process)	$10,000
	Term of Loan:	12 Months