Flipping houses in Massachusetts can be a valuable investment opportunity for the right team of flippers. This month, we're excited to feature a recently completed fix-and-flip of a single-family home in Bedford, MA.
This property has undergone an extensive rehab, and our borrower was determined to make it a beauty for the next owner. This home flipper completely rehabilitated the property in just twelve 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 Massachusetts 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 this Massachusetts flip, the borrower listed this property for over 3x the purchase price. What a return on investment! This fixer upper features high-end appliances, a backyard patio, a master bedroom with a walk-in closet, 3 additional bedrooms, a finished basement with a bathroom, and more!
3 Stats You Need To Know for Flipping Houses in Massachusetts
If you are interested in house flipping in Massachusetts any time soon, there are a few things you will want to know about the market. Here are a few important stats to help you get started:
- According to Redfin, the median list price for homes in the $625,000.
- Median household income in the state is $77,378.
- According to Realtor.com, median home listing price/sq. ft. in Bedford is $335.