Plant City, Florida - Fix and Flip Loan
Fix and Flip Loan Terms
Florida Rehab Loan, Plant City
Location: Plant City, FL
Purchase Price: $ 110,000
Reno Amt: $ 47,500
Loan Amt: $ 141,000
Actual Term: 5 mo.
Sell Price: $ 209,900
Net Profit: $ 31,410
Cash-on-Cash: 190%
Sometimes the best deals are hidden gems. Real estate investors in hot markets such as the greater Tampa Bay Market, must find their deals, outside of the MLS. These deals are found through their own efforts or through wholesalers. Making sure that you have HUGE profits takes extra care and finesse.
Renovated Home Plat City, FL
Sometimes painting brick can yield great results. If properly paired with trim colors that highlight the home, your finished project can attract a LOT of interest. During the time this property was renovated Gray, white and red doors were a huge hit with patriotic homeowners. You can also see that a little attention to detail for the landscaping was included, along with a new roof, and new windows. Do not ever underestimate how important these items are for a new homeowner.
Kitchen in Need of Remodeling
We all know that kitchens can either make or break a properties potential to sell fast and for the most amount. Identifying immediate fixes and issues during your inspection and walk-through of the project is critically important. What if you plan on keeping the layout and arrangement of electrical and water connections is critical in helping your contractors properly estimate a budget.
Renovated Kitchen Wins Hearts, Minds and Bellys
One of the aspects we loved about this renovation was the investor's’ decision to sand and coat the cabinets with a high gloss durable finish. While not the traditional “shaker” style, using the same color format, with updated hardware made for a beautiful and unique finish to a stunning project.
Bathrooms from the Grimy Otherside
Whatever your thoughts on bathrooms, having a properly restored bathroom can do wonders for your projects. Blue Bay Capital provided 100% construction funding and this investor used our funding to dramatically update and open this bathroom. Knowing what is on the other side of a bathroom wall can be a pivotal decision. opening up bathrooms can add dramatic value.
Maximizing Space for a Masterbathroom
As mentioned the investor knew that the back wall of this bathroom was a walking closet. By opening the closet and adding it to the Master Bath, they were able to truly provide a grand open spaced bathroom for the proud homeowners. Changes such as this will dramatically improve your asking price when you go to sell. Not to mention a bidding ware, hopefully!
Are you looking for funding on your next Florida real estate deal? Why not work with a Florida Private Lender!
Are you interested to see what loan programs Blue Bay Capital has to offer? We fund Fix and Flippers, Builders, and Wholesalers!
