hard money loans chicago

Success Stories

See what a hard money rehab loan can do for you.

Mango Street, Chicago, IL:

 

A repeat customer of Select Funding needed financing on a single-family residential property located on Mango Avenue in Chicago on 9/24/13.  Purchase price was $81,100 and needed a gut rehab of $60,000.  Select Funding closed on the loan within 10 days on 10/4/13!

 

Construction was finished on the property on 1/2/14 and is currently under contract to be sold for $200,000, closing on 4/25/14.  That’s a net profit of  $50,000!

 

2236 Mango FrontMango Kitchen

Mango Living RoomMango Bath

 

President Street, Glendale Heights, IL:

 

Two business partners approached Select Funding on 12/11/13 to purchase a single-family property in Glendale Heights for $95,000.  It needed  $28,000 in moderate construction updates to bring the property back to marketable condition.  Select Funding was able to fund their loan within 9 days of application on 12/20/13!

 

Construction was completed by their contractor by 2/27/14 and sold for $198,500 on 4/14/14 netting a profit of over $70,000 in about 4 months!

 

1685 President (Front)President (Living Room)

President (Kitchen)President (Bathroom)