TownHome Las Vegas
FRONT DOOR - BEFORE AND AFTER
BEFORE
AFTER
Before and After
TOWNHOUSE FLIP IN LAS VEGAS
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
KITCHEN - BEFORE AND AFTER
BEDROOM - BEFORE AND AFTER
BATHROOM - BEFORE AND AFTER
BATHROOM - BEFORE AND AFTER
BATHROOM - AFTER
LIVING ROOM - BEFORE AND AFTER
CLOSET/CONVERTED WASH ROOM - BEFORE AND AFTER
2nd FLOOR BEDROOM ENTRY - BEFORE AND AFTER
STAIR CASE - BEFORE AND AFTER
Before and After
Takeaways as an Investor and a Borrower
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.
BEFORE PHOTOS
AFTER PHOTOS
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(702) 803-7788
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contact@realtylendingusa.com
Location
6470 W. Desert Inn Rd, Las Vegas NV 89146