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Open and airy fix-and-flip house in Charleston, SC.Charleston, South Carolina is home to some incredible and innovative house flippers, whose work we’ve featured previously, here and here. For December’s featured project, we’re focusing on a single-family house, rehabbed by Jenna Richardson of Red Key Realty LLC, with financing and support from the Fund That Flip team.

This fix-and-flip in Charleston, SC,  was funded with a six-month loan and opened to passive investors at 7.5% annual returns. The property was upgraded with a new roof, new appliances, modern paint colors inside and out, and lush landscaping. Additionally, the airy home features an open-concept floor plan with over 9-foot ceilings, 4 bedrooms, 2 baths, an exposed brick-accent fireplace, and a sunroom.

Watch the video below to see all the finished details of this awesome fix-and-flip in Charleston, SC. See more featured project videos from our Borrowers here

Get to Know the Charleston, SC, Real Estate Market

Before starting a new construction or fix-and-flip project in the Charleston and North Charleston, SC, metro areas, make sure you know the market:

  • The median home listing price in the Charleston, SC area is $425,000, which has been trending up 10.4% year-over-year.
  • The population of the Charleston-North Charleston, SC metropolitan statistical area (MSA) is 819,705, with 33 new residents moving to the MSA every day.
  • Charleston features a bustling, waterfront downtown, exciting culture, diverse neighborhoods, great universities, and large employers like Boeing, Medical University of South Carolina, and Bosch.

 

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