Flipping houses in Charleston, SC can be advantageous for experienced real estate investors that are knowledgeable of the local market. House flippers in Charleston should be greatly intrigued to check out this month's featured flip; a single-family fix-and-flip from one of our experienced borrowers who was able to turn their investment property into a beautiful fixer-upper project.
The property has undergone a extensive rehab, and the home flipper was determined to make it a modern masterpiece for the next owner. This real estate investor completed the fixer-upper project in only nine months! Fund That Flip assisted the house flipping team in beautifying the distressed property by providing them with a short-term fix-and-flip bridge loan.
Check out the video below to see how this South Carolina investment property was transformed. The house flipper did a magnificent job of making sure the home would catch the eye of anyone who came near!
This real estate investor saw an attractive opportunity to rehab this property and turn a profit through financing with a fix-and-flip loan. After successfully completing the fixer-upper project, the house flipper listed this property for nearly double the purchase price. This glorious home features 4 bedrooms, 2.5 bathrooms, pine hardwood floors, brand new stainless steel appliances, a wine cooler, a custom pantry, French front doors, and more!
3 Stats You Need To Know for Flipping Houses in Charleston, SC
Flipping houses in Charleston, South Carolina can be a financially rewarding opportunity to skilled house flippers. If you plan to flip houses in Charleston at some point soon, take a look at these important stats to get you started:
- According to Redfin, the median sale price for houses in this city is around $379,790.
- There have been over 417 homes sold in Charleston over the last year.
- As of 2019, the median household income in Charleston is $70,505.
Are You Ready to Start Flipping Homes in Charleston, SC?
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. 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!