Galewood

 

Purchased at Auction, flipped to FHA buyer

Purchase Price:  $69k

Rehab Cost:  $42k

Sale Price:  $175k

Gross Profit:  $64k

Interest paid to lenders:  $7,850

Repayment period:  5 months

 

Looking to earn a better return?

 

Real estate is a capital intensive industry.  Apex Renovations is always looking for private lenders willing to partner with us to earn a higher return on their money and facilitate the creation of beautiful homes.  Below are a few of our recent projects.  Please Contact Us today if you'd like to learn more about putting your money to work.

Kenilworth

 

Purchased through wholesaler, intended for flip.  While awaiting permits, builder offered to buy as-is

Purchase Price:  $150k

Rehab Cost:  $0k

Sale Price:  $235k

Gross Profit:  $85k

Interest paid to lenders:  $8,100

Repayment Period:  3 months

 

Holly

 

Purchased at Auction, rented, then flipped retail to landlord buyer

Purchase Price:  $184k

Rehab Cost:  $18k

Sale Price:  $250k

Gross Profit:  $48k

Interest paid to lenders:  $17,500

Repayment Period:  12 months (rented for 9)

 

Are You an Active Chicagoland Landlord Looking for Great Local Contractors to Service Your Rentals?

Please visit our sister company Apex Landlord Services