This investor contacted us in June with an investor’s nightmare. He had purchased a rehab project through conventional methods. The purchase loan carried a $20,000 balloon and it was coming due in two weeks. His financial situation was tenuous due to depleted available assets used for the rehab, along making the monthly note payments. He needed two things to turn this disaster into a success. First, the balloon needed to be burst, second, adequate funds for rehab materials. We pulled together and eliminated both obstacles. Using our Residential Rehab Program, we built a Hard Money Loan to pay off the existing note, and provide the sufficient funds for completing the Rehab. Additionally, the closing fees, and past rehab expenditures were included in the new loan. With this new life, the Investor is 98% completed with the project and is selling in the $140,000 to $150,000 range, netting him a gross profit from $50,000 to $60,000. Not bad for a project that was about to sink the investor’s financial position. You ask what exit strategy is he using – Seller Financing!