Fund That Flip is very excited to share a recent success story of flipping houses in Texas. This month, we're eager to feature a completed flip of a single-family home in Beaumont, Texas. The property has undergone an extensive rehab, and our borrower was determined to make it exceptional for the next owner. This real estate investor completely rehabilitated this property in just six months. Fund That Flip was there to help the borrower transform the property into a modern, upscale home through the help of a short-term fix-and-flip bridge loan.
Check out the video below to see how this Texas property was updated to become a modern ranch with high-end finishes. The borrower spared no expense to make sure this property would stand out among the rest!
This first-time borrower saw a fantastic opportunity to rehab the interior of 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 nearly double the purchase price. This fixer upper features a lavish open floor plan in the main living space with a welcoming kitchen, great for entertainment. The kitchen is fully equipped with stainless steel appliances, sleek counter tops, and subway tile back-splash. We are proud to showcase how our short-term private money loans help to restore properties just like this one.
2 Stats You Need To Know for Flipping Houses in Texas
According to Clever Real Estate, Texas is a great state for flipping houses. Some of those reasons for why you might want to flip houses in Texas are listed below.
- Media home value is about $197,300. This number is expected to increase around 4% in the near future.
- Median income is $60,629 in Texas.
Are You Ready to Start Flipping Homes in Texas?
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