Client Success Story: Insane Equity in 1 Year

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 Josh in front patio

Josh Zimmerman, an engineer who works for the U.S. Patent Office, is a savvy investor whose sweat equity paid off big time. Josh purchased his purple 2-unit rowhouse in Shaw in October 2014 for $625,000. He used a 203K renovation loan to help finance the critical renovations (mold remediation, gutting the lower level unit, structural and roof repairs) and he put a lot of sweat equity into the kitchens, master bath, and cosmetic updates. In August 2015, he refinanced and his new and greatly improved home appraised at $925,000. That’s almost a 50% increase in value in less than 1 year and $300K in equity! Way to go, Josh!

Josh master bath before
Upper Level Master Bath Demo
Master bath AFTER
Master Bath AFTER
LL in progress
Lower Level in Progress
Josh basement kitchen after
Lower Level Kitchen AFTER
Upper level Kitchen in progress
Upper Level Kitchen in Progress
Upper Level Kitchen AFTER
Upper Level Kitchen AFTER
Upper Unit Main Level in Progress
Upper Unit Main Level in Progress
Main Level Upper Unit AFTER
Main Level Upper Unit AFTER

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