Situation:

This borrower is a jack of all trades and is well equipped to rehabilitate a single family home like this New York property. His multi-faceted abilities as investor, builder, and electrician will allow him to turn a $250,000 rehab budget into a $460,000 increase in the two-story home’s value. He has planned his renovation in detail, down to the paint selection – Benjamin Moore Ultra spec. in Eggshell. This home will undergo a major transformation and our borrower will end up with a home worth nearly a million dollars if he sticks to budget and schedule, which we fully expect him to do. We’re excited to see all this investor’s hard work pay off!