Realty Lending USA

PRIVATE MONEY LENDER

TOWNHOME FLIP LAS VEGAS - BEFORE AND AFTER

Property type: Townhome Flip
Property After Repair Value: $350,000.00
Loan amount: $245,000

Flipping a townhome using private money involves purchasing and renovating a property below market value and selling it for a profit. This strategy is particularly attractive with townhomes, which often have lower purchase prices and strict community rules. South Wind Financial, INC. offers flexibility and quick access to funds, which is crucial in the competitive real estate market. These lenders focus more on the investment’s profitability rather than the borrower’s creditworthiness, offering terms that can be tailored to specific project needs, such as interest-only payments.

The process begins with identifying an undervalued townhome in a desirable location, securing financing from private lenders by presenting a detailed plan including the purchase price, renovation budget, and expected after-repair value. Renovations should focus on high-return areas like kitchens and bathrooms to maximize property value. 

Once renovations are complete, the property is sold, ideally at a price that covers all costs and generates a profit. The flexibility of private financing allows for rapid deal execution, which is essential in flipping where timing can significantly impact profitability. Purchased in November 2023 for $235,000 Sold $350,00 April 2024

FRONT DOOR - BEFORE AND AFTER

Front door of a refurbished townhouse
Townhouse Refurbishment Private Money Financed

KITCHEN - BEFORE AND AFTER

Townhouse Refurbishment Private Money Financed Kitchen Before
Townhouse Refurbishment Private Money Financed Kitchen After

BEDROOM - BEFORE AND AFTER

Townhouse Refurbishment Private Money Financed Room
Townhouse Refurbishment Private Money Financed Before Bedroom

BATHROOM - BEFORE AND AFTER

Townhouse Refurbishment Private Money Financed Before Bathroom
Townhouse Refurbishment Private Money Financed After Bathroom

BATHROOM - BEFORE AND AFTER

Townhouse Refurbishment Private Money Financed Before Bathroom 2
Townhouse Refurbishment Private Money Financed After Bathroom 2

BATHROOM - AFTER

Townhouse Refurbishment Private Money Financed Before Bathroom 4
Townhouse Refurbishment Private Money Financed After Bathroom 3

LIVING ROOM - BEFORE AND AFTER

Townhouse Refurbishment Private Money Financed Living Room
Townhouse Refurbishment Private Money Financed Living Room After

CLOSET/CONVERTED WASH ROOM - BEFORE AND AFTER

Townhouse Refurbishment Private Money Financed Before Closet
Townhouse Refurbishment Private Money Financed After Closet

2nd FLOOR BEDROOM ENTRY - BEFORE AND AFTER

Townhouse Refurbishment Private Money Financed Before 2nd Level Stair Case
Townhouse Refurbishment Private Money Financed After 2nd Level Stair Case

STAIR CASE - BEFORE AND AFTER

Townhouse Refurbishment Private Money Financed Before 2nd Stairs
Townhouse Refurbishment Private Money Financed After Stair Case

BEFORE PHOTOS

Townhouse Refurbishment Private Money Financed John Rasmussen Walking the Property
Townhouse Refurbishment Private Money Financed Entry Corridor
Townhouse Refurbishment Private Money Financed Feature Wall Before
Townhouse Refurbishment Private Money Financed Room Shows Design

AFTER PHOTOS

Townhouse Refurbishment Private Money Financed 4
Townhouse Refurbishment Private Money Financed Updated Townhouse
Townhouse Refurbishment Private Money Financed 3
Townhouse Refurbishment Private Money Financed Updated Townhouse 2

TAKEAWAYS AS AN INVESTOR AND A BORROWERR

At South Wind Financial, INC., we provide financing for Fix and Flip projects, including townhouses, even in the competitive Las Vegas market.

This recent renovation of a property in a golf course community in the center of Las Vegas showcased outstanding work, particularly in the kitchen and bathroom, which featured innovative design elements and new technology with in home appliances. Notably, relocating the washer and dryer upstairs near the bathroom was a masterstroke.  You can now purchase a washer and dryer which is compact and all in one unit, not stackable which is the old design creating more space. 

This renovation transformed a 1970s townhouse into a modern, stylish townhouse ideal for small families, professionals entering the market, or investors eager to capitalize on Las Vegas’s growth. The cohesive design theme throughout the floors, walls, and fixtures played a significant role in this update. Located within a gated community it was an easy win.

We are enthusiastic about our continued collaboration with this flipping team. This project was yet another WIN for the borrower, a WIN for us as the private money lender due to the swift and successful transaction, and a WIN to the community, as it sets a benchmark for potential upgrades and value in the area.

We at South Wind Financial, INC. are always focusing on a WIN/WIN/WIN scenario so all parties involve WIN.

To learn more about making successful deals or to apply for financing, sign up for our mailing list or apply now.

CONTACT US TODAY!

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