Flipping houses in Ohio can be a lucrative opportunity for real estate investors. Many real estate investors in Ohio choose to flip houses in Columbus, the state's capital. This month, we're excited to feature a completed fix-and-flip of a single-family home in the city.
This 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 hardwood floors, original brick accents, 3 floors, 4 bedrooms, and 4 full bathrooms. The first floor has a modern kitchen with white cabinets, stainless steel appliances, and granite counter-tops. The second floor has 3 bedrooms, one of which is a master suite with 2 closets. The third floor has another master suite as well as its own living room. The home's exterior is highlighted by a fenced-in yard, a front patio, and a detached 2-car garage.
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 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!