Real Estate Flip of the Month – January 2023

Written by Indicate Capital on February 2, 2023. Posted in Real Estate Flips.

Purchased: May 2022 @ $603,000
Sold: January 2023 @ $975,000
Location: Wheat Ridge, Colorado

Project Details:

Our borrower did a great job with this flip and included a hidden bonus that really sets it apart. There are two master suites, one on the main level and one in the basement. The buyer will enjoy 4 bedrooms, 4 baths and a total finished square footage of over 2300 square feet. The bonus media room in the basement is hidden behind a finished in-wall bookshelf.

There is plenty of talk about the current market and thoughts of future pricing. We get asked if now is the right time to invest into a fix and flip. Our answer has been, it depends. It depends on how you buy and what you think the property will sell for when completed. This property is an example of the right property, the right design, and a great outcome!

Our in house underwriters are here to help you. If you are under contract and doing your due diligence, give us a call. Let our experience be another tool in your process!