Calvin and Elizabeth Hoelting saw what most buyers would have driven past: a dated 1965 ranch on over an acre in Foristell’s Incline Village, with lake views and good bones buried under decades of wear. Where other people saw a project too big to take on, Calvin and Elizabeth saw an opportunity to build something.
That’s the story behind almost every flip FasterFunds Lending funds. An investor spots the potential in a property everyone else overlooks, then does the work to bring it to life.
Calvin and Elizabeth gutted the home top to bottom: a fully reimagined kitchen, two modern bathrooms, a finished walkout lower level with a custom bar and recreation room, and luxury vinyl plank flooring throughout. What started as a rough ranch is now a 4-bedroom, 3-bath home that looks nothing like where it started.
FasterFunds Lending, a hard money lender in St. Louis, funded their purchase on January 20, 2026 with a fix-and-flip loan, financing 100% of the project’s cost, $200,000 for the purchase and a $62,500 rehab budget, against a $350,000 after-repair value (ARV). From there, the work was theirs.
The numbers:
- Purchase price: ~$200,000
- Rehab budget: $62,500
- Total loan: $262,500 (100% of cost financed)
- Original ARV estimate: $350,000
- Funded: January 20, 2026
- Listed: July 31, 2026 at $389,900
- Pending: August 6, 2026, just 6 days on market
As of August 7, 2026, the home is still pending sale, listed nearly $40,000 above the original ARV estimate. Six days on market for a home that started as an outdated ranch says everything about the work Calvin and Elizabeth put in.
How fast can a fix-and-flip loan get funded in Foristell, MO?
FasterFunds Lending funded Calvin and Elizabeth’s purchase loan in days, financing up to 75% of ARV and up to 100% of project cost, so investors can move on a property before someone else does.
What if a rehab takes longer than planned?
Every FasterFunds hard money rehab loan is structured as a 6-month, interest-only term, but real renovations, like Calvin and Elizabeth’s full gut rehab, don’t always run on a fixed clock. FasterFunds offers loan extensions to any borrower who needs one, communication is what matters most, so investors have room to finish the job right instead of rushing to beat a deadline. Additional fees apply.
FasterFunds Lending is a local hard money lender serving real estate investors across St. Louis, St. Charles County, and Warren County, Missouri, funding fix-and-flip loans, rehab loans, and rental property financing for investors at every experience level. Want to connect with other St. Louis investors doing deals like this one? Join the FasterFunds Buyers Club community.
