---
title: A Funded Flip in Chicago, IL!
description: Borrower is an experienced investor under contract to acquire the subject property for $130k with intentions of spending $120k on renovations before listin
---

[RCN Capital Blog ](https://rcncapital.com/blog)

# [A Funded Flip in Chicago, IL!](https://rcncapital.com/blog/a-funded-flip-in-chicago-il)

 Written by [RCN Capital](https://rcncapital.com/blog/author/rcn-capital) | 4:00 AM on November 1, 2021

Borrower is an experienced investor under contract to acquire the subject property for $130k with intentions of spending $120k on renovations before listing the property for resale. Subject is an SFR and appraised for $95k As-Is and ARV of $300k. Sponsor has a mid-score of 749 and bank statements reflect sufficient liquidity. Total loan amount 66.13% of ARV.

[View full post](https://rcncapital.com/blog/a-funded-flip-in-chicago-il)

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