Vienna, VA

$750,000

Single Family Residence

Residential Fix and Flip

08/19/2016
Transaction by
Walnut Street Finance
A team of real estate investors were looking for the funds to purchase and renovate this single-family home. Walnut Street Finance was able to provide 80% of the purchase price and 100% of the renovation costs for a 12-month term. After adding $100k in renovations, the property will have an appraised after-repair value of $1,000,000. The investors anticipated a 23% return on investment once complete.