Flipping houses in Pittsburgh, PA can be a lucrative opportunity for knowledgeable house flippers with an understanding of the local market. Real estate investors who flip homes in the steel city will be entertained by viewing what one of our experienced 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 a remarkable rehab, and the home flipper was determined to make it a beauty for its next owner. This real estate investor completed the fixer-upper project in just twelve months. Fund That Flip assisted the redeveloper in modernizing the distressed property by providing them with a short-term fix-and-flip bridge loan.
Check out the video below to see how this Pennsylvania property was transformed. The real estate investor did a great job of making sure his house flipping skill would be on display to all viewers!
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 fixer-upper project, the borrower listed this property for more than 12x the purchase price. This elegant home features a fenced-in backyard with greenery, a kitchen with brand new stainless steel appliances, one and a half bathrooms, custom lighting, and is located in downtown Pittsburgh, within walking distance of almost all main attractions!
3 Stats You Need To Know for Flipping Houses in Pittsburgh, PA
Flipping houses in Pittsburgh presents a great opportunity to advanced house flippers. If you plan to flip houses in Pittsburgh in the near future, check out these important stats to get started:
- According to Redfin, the median sale price for homes in the city is about $210,000.
- There have been over 850 homes sold in Pittsburgh over the last year.
- As of 2019, the median household income in Pittsburgh is $62,638.
Are You Ready to Start Flipping Homes in Pittsburgh, PA?
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!