Flipping houses in New Jersey is becoming increasingly popular. This month we're excited to feature a recently completed flip of a single-family home in Teaneck, NJ. This property was in need of a major rehab, and our borrower was determined to turn it around for the next owner. Fund That Flip was there to help the real estate investor transform the property into a modern, beautiful home through the help of a short-term fix-and-flip loan. Check out the video below to see how the redeveloper brought life back into this investment property and value into the community!
This repeat borrower 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 customer was able to sell the property for over 1.5X the purchase price. This home has an open floor plan with beautiful finishes, with high-end details, such as the double wine fridge in the world-class kitchen. The kitchen features a large island, two sinks, high-end stainless steel appliances and an amazing stove and oven set. We are proud to showcase how our short-term private money loans can bring value back into neighborhoods.
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!