Tampa, Florida - Fix and Flip Loan
Florida Hard Money Lender Terms
Tampa Florida Rehab Loans
Location: Tampa, FL
Purchase Price: $ 130,000
Reno Amt: $ 60,000
Loan Amt: $ 117,000
Actual Term: 9 mo.
Net Profit: $ 127,000
Cash-on-Cash: 173.97%
Every real estate investor wants to find a property that they can renovate and make beautiful. Improving a local neighborhood, and adding value, while encouraging responsible ownership is the hallmark of a good investor. This Tampa Florida rehab was made possible with Blue Bay Capitals Rehab Loan, for real estate investors.
Tampa Real Estate
Tampa has several neighborhoods that are in absolutely premium demand, where this property is located, Seminole Heights Tampa is one of those locations. Seminole Heights, also called “Old Seminole Heights” is the bungalow capital of the world, and people move here for the location, the aesthetic, and the proximity to downtown Tampa!
Boring Kitchen
This kitchen was not the worst we had ever seen, however, it was boring, plain, and unattractive. Using Blue Bay Capitals Rehab Loan, our investor was able to approach this property with the correct amount of funds to turn this kitchen into a beautifully renovated space
Open Concept Kitchen
A smart and sophisticated real estate investor knows how to make use of existing material. Kitchen cabinets can be expensive, especially custom-made ones like these. Tall and elegant, our investor decided to make the best use of them, and keep them. We think that the colors and the utilization is perfect for the Tampa renovated bungalow!
Bathroom Remodel in Tampa
Bathrooms and kitchens are what sell homes, say Realtors, and we could not agree more. When buying Florida real estate for investment purposes, using a Florida local hard money lender can make the difference in having enough budget to make any bathroom stand out. our investor made no exception for this renovation and it turned out great.
AirBNB Studio Kitchen
One of the biggest trends right now are STR’s or Short-Term Rentals. Being able to live on one side of a property and rent out a studio or a spare room can help increase a homeowner’s income while decreasing their expenses. Like Robert Kiyosaki says, “Assets put money in your pocket, liabilities take money out”. Our investor utilized this approach with a backroom that was separate from the main living space. This increased resale value and allow our investors to double their cash invested!
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!
