“I have loaned money to Steve many times over the past several years and he has ALWAYS done what he said he was going to do through thick and thin.”
When the seller needs quick capital
– 717 Windrock –
Sometimes Going the Traditional Route Doesn’t Make Sense
717 Windrock wasn’t just another address; it was a lucrative opportunity wrapped in urgency and potential—a situation that’s more common than you might think. The seller needed fast capital and didn’t have the luxury of time to hit the market traditionally with a real estate agent. Without the means to pay for a real estate agent (typically 6%) and the time to wait for the perfect buyer, they needed someone who could act fast and see the hidden value in their home.
When we first stepped into the house, it was clear that it had been loved, but it had also been left behind. It was a place filled with memories, yet it was out of sync with the present. We saw what it could become—a home ready to be revitalized and cherished once more.
Here’s the deal: We secured the property for $160,510, fully aware of its After Repaired Value (ARV) of $310,000. With the help of a private loan of $225,000, we set out to turn that potential into reality.
The Fix and Flip Financials
Although we initially estimated $60,000 for renovations, careful planning and respect for the home’s character allowed us to complete the project for $45,000.
Over the span of 134 days, we did more than just update the house—we brought it back to life. This wasn’t about flipping a property; it was about restoring a place where new memories could be made. Every decision was made with a purpose, from preserving the charm of the original structure to adding modern touches that would appeal to today’s buyers.
How the Numbers Played Out for The Private Money Lender:
For the Private Money Lender who joined us on this investment venture, the rewards were clear. Earning $7,178.43 in just over four months wasn’t just a solid return–it was the ignition for the PML to take that strong return and re-invest it with another deal like this.
Would It Suprise You To Know…?
This situation is not unique. Many homeowners find themselves in a similar position, needing to sell quickly and without the resources to engage a traditional real estate agent. In February 2023, the National Association of Realtors reported a national average of 34 days. Then add another 30 to 45-day escrow period! Waiting for 60+ days to get paid isn’t always ideal.
That’s where real estate investors and Private Money Lenders step in.
We provide the fast cash sellers need while creating opportunities for transformation and consistent returns. At 717 Windrock, we didn’t just see a property—we saw a chance to make a difference, for the seller, for the lender, and for the future of the home.
And that’s a story worth telling.
So, What’s the Takeaway Here?
Here’s what’s clear to me: when you combine the speed and flexibility of private money lending with a keen eye for potential, you can transform a homeowner’s urgent need into a win-win situation for all parties involved.
At 717 Windrock, our partner, aka the Private Money Lender, earned a strong return in just a few months, and the property was brought back to life for its next chapter.
This project is a testament to the power of quick action, strategic investment, and the essential role that private money lending plays in real estate. It’s more than just a financial transaction—it’s about creating opportunities, delivering results, and making a meaningful impact.