Purchased: January 2023 @ $479,900
Sold: May 2023 @ $825,000
Location: Denver, Colorado

Project Details:

This flip in the Mile High City was only listed on the MLS for 3 days before getting a full-price offer.  While people are speculating if the market is slowing down, our borrowers are finding deals and making profits.  This flip took less than 6 months and turned out beautifully.  New kitchen, paint, flooring, bathrooms, and more!  

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Purchased: November 2022 @ $635,000
Sold: April 2023 @ $1,200,000
Location: Littleton, Colorado

Project Details:

This property was purchased back in November and the description details how it was recently fixed up.  It was purchased with remodeled bathrooms, kitchen and other upgrades.  Then our borrower got a hold of it and completely transformed the property into something special.  This property wasn’t distressed to start with, but it sure is a head turner now.  The investor had multiple offers within a week of listing the home!

Purchased: November 2022 @ $505,000
Sold: March 2023 @ $774,000
Location: Arvada, Colorado

Project Details:

This fix-and-flip opened up the floor plan and finished the basement. Unseen improvements include a new furnace, A/C, and electrical panel. Square footage was added with the egress window and finished basement. The second master in the basement and 4 rooms upstairs come together to create a comfortable living space that’s ready for move-in. Great finishes throughout were completed by our borrower, and they are ready to start the next project.

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Purchased: November 2022 @ $230,000
Sold: February 2023 @ $359,900
Location: Firestone, Colorado

Project Details:

This property went from a flip to a rental.  The buyer saw the opportunity with a clean finish and an excellent price-to-bedroom ratio.

The house was conveniently located in Firestone, Colorado, and would have also made a tremendous entry-level home.  Many buyers are drawn to a fresh remodel in a neighborhood without HOA or metro district to add to the monthly cost.

This home was a great example of a clean facelift to update the distressed property.

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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!

Contact us today!