Ohio fix-and-flips are becoming more and more popular, especially in the capital city of Columbus. For October 2021's featured flip, we are very pleased to show off what one borrower was able to do with some help from their lending partner.
The Columbus house flipper was able to modernize the home with various updates and improvements, but still maintain the classic 1900's feel. The home flipper took just 9 months to complete the fix-and-flip project. Upright was there to provide the real estate investor with quick and reliable funding.
Check out the video below to see how this Columbus, OH home was transformed in just under a year:
After making the renovations, the Ohio home flipper was able to sell the home for more than 3x the purchase price! The home has many appealing features, most notably the exposed brick, black trim, laminate wood floors, 3 large bedrooms, and stainless steel kitchen appliances.
3 Stats You Need To Know to Execute a Columbus, OH House Flip
If you are considering a fix-and-flip project in the Columbus, OH market, it is important to have a strong grasp of the local market. Check out a couple of stats to help get you started:
- As of September, over 27,000 homes have been sold in the year 2021.
- As of 2021, Columbus has a population of over 900,000 people.
- As of September 2021, the average sale price of a home is $298,817 in Columbus.
Are You Ready to Flip a Home in Columbus, OH?
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 Ohio or Click below to get started:
Looking for an alternative to stocks? Real estate investing can earn up to 9% annual returns on pre-vetted, low LTV, real estate secured loans. Upright 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!
