Flipping houses in Columbus, OH can be a rewarding opportunity for experienced house flippers with knowledge of the local market. Real estate investors who flip homes in Ohio's capital will be curious to see what one of our borrowers was able to do with this investment property and we're excited to feature this fix-and-flip of a single-family home as this month's featured flip.
The property has undergone an extensive rehab, and our borrower was determined to make it a modern masterpiece for the next owner. This home flipper completely rehabilitated the property in just nine months. Fund That Flip was there to help the borrower transform the distressed property into a luxurious home through the help of a short-term fix-and-flip bridge loan.
Check out the video below to see how this Ohio property was transformed. The borrower spared no expense to make sure this property would stand out among the rest!
This house flipper saw a fantastic opportunity to rehab this property and turn a profit through financing with a fix-and-flip loan. After successfully completing the project, the borrower listed this property for more than double the purchase price. This home features granite countertops, stainless steel appliances, and new cabinets! There are also 3 bedrooms, 1.5 bathrooms (the full with a dual vanity), and a fenced backyard with a patio!
3 Stats You Need To Know for Flipping Houses in Columbus, OH
Flipping houses in Columbus presents a great opportunity to experienced house flippers. If you plan to flip houses in Columbus in the near future, check out these important stats:
- According to Redfin, the average sale price for homes in the city is about $200,000.
- Median household income in Columbus is $79,694.
- According to Realtor.com, some of the most popular neighborhoods in Columbus include Upper Arlington, North Linden, Grandview Heights, Downtown Columbus, Highland West and German Village.
Are You Ready to Start Flipping Homes in Columbus, OH?
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!