The property renovations shown below were made possible with the hard work and talent of a real estate investor using Anchor Loans' short-term hard money loans to flip houses.
HARD MONEY LOANS to FLIP HOUSES | FULLERTON, CA
PURCHASE PRICE: $750,000
SOLD PRICE: $1,385,000
So many surprises await inside this renovated ranch-style home. Although the exterior of the home didn't need much more than new paint and a garage door upgrade, the interior is a treat of light and space. High ceilings and a vast brick wall in the great room inspired such a creative use of loft space. The view of the pergola and pool from the dining room and the wall of windows in the kitchen are simply beautiful.
Our borrowers purchased this Fullerton California home for $750,000, and after investing $177,000 in improvements, the home sold for $1,385,000.
HARD MONEY LOANS for CONSTRUCTION | LOS ANGELES, CA
PURCHASE PRICE: $890,000
SOLD PRICE: $1,840,000
Our borrower looked at this sad little house and saw the potential for a striking, modern new home. It's a pretty bold design choice to paint half of the front of the house black and the other white, but it definitely catches the eye and has everyone wondering what is happening on the inside, design-wise.
The interior design contrasts stark white with bold veneer cabinetry and unique geometric window pairings for an ultra-modern, serene environment that is complemented by a back yard perfect for entertaining and a pool with a stone water feature.
Our borrowers purchased this Los Angeles property for $890,000 and after spending $500,000 on improvements, the home sold for $1,840,000.
HARD MONEY LOAN to FLIP HOUSES in LOS ANGELES, CA
PURCHASE PRICE: $1,700,000
SOLD PRICE: $2,340,000
Typical of the much-loved Spanish style in many architectural enclaves in Southern California, this little house with its classic arched windows, stucco siding, and red tile roof was already easy on the eye and just needed a bit of a facelift. Losing the ironwork and window awnings was a great decision, as it opened the home up and took the curb appeal to the next level.
The exterior of the home did not change drastically, but the interior wow factor is strikingly different than the original home. A home buyer with a knack for interior design would have a field day with this white/gray/black palette and the gigantic windows letting in tons of natural light.
Our borrowers purchased this Los Angles property for $1,700,000, and after spending $410,000 on the rebuild, the home sold for $2,340,000.
Click here to see the interior of this property