Flipping houses in Richmond can be very exciting. This month, we're eager to share a recently completed flip of a single-family home in Richmond, Virginia. The property has undergone an extensive rehab, and our borrower was determined to make it exceptional for the next owner. He completely rehabilitated this property in just nine months. Upright was there to help the borrower transform the property into a modern, upscale home through the help of a short-term fix-and-flip bridge loan.
Check out the video below to see how this Richmond property was updated to become a modern masterpiece with high-end finishes. The borrower spared no expense to make sure this property would stand out among the rest!
This repeat borrower saw a fantastic opportunity to rehab this property and maximize their return on investment through financing with a fix-and-flip loan. After successfully completing the project, the borrower listed this property for nearly double the purchase price. This home features a newly renovated kitchen, java-colored bamboo floors, a sunken living room with a double sided fireplace, and more. We are proud to showcase how our short-term private money loans help to restore properties just like this one.
Are You Ready to Start Flipping Homes in Richmond?
Richmond has some very desirable neighborhoods. With rising home values, the city of Richmond ranks in Clever Real Estate's top five cities in Virginia for house flippers.
Do you have an investment property ready for a transformation like this one? Apply in under two minutes to get fast funding for your next real estate deal. Check out our Hard Money Lender team in Virginia or Click below to get started:
Looking for an alternative to stocks? Investors can earn 8-10% annual returns on pre-vetted, low LTV, real estate-secured loans. Fund That Flip offers industry-leading visibility into each project, enabling investors to be highly selective in the loans they choose to fund. Click below to make an investment today!