These property renovations were made possible with the talent and hard work of an Anchor Loans borrower with capital from a short-term hard money renovation loan or a construction loan from Anchor Loans.
LOS ANGELES, CA - RENOVATION LOAN
PURCHASE PRICE: $650,000
SOLD PRICE: $1,155,000
Flipping a house doesn't mean you have to remove all of its original charm. Keeping certain elements from the original design and making improvements with modern accents can create an amazing update.
Our borrowers purchased this Los Angeles property for $650,000, and after spending $100,000 on improvements, the home sold for $1,155,000.
New windows and beautiful tiles on the front steps and the addition of an old world wooden door really gave this already charming property an extra pop of curb appeal.
LONG BEACH, CA - RENOVATION LOAN
PURCHASE PRICE: $375,000
SOLD PRICE: $719,000
Clean lines and geometric accents showcase the modern new face on this neglected old home with plenty of potential.
Our borrowers purchased this Long Beach property for $375,000, and after spending $100,000 on improvements, the home sold for $719,000.
The investor continued the theme of clean lines, choosing modern updates in sleek gray and white tones with added bold pops of color throughout the home's interior.
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LOS ANGELES, CA - CONSTRUCTION LOAN
PURCHASE PRICE: $1,500,000
SOLD PRICE: $3,495,000
It's truly inspirational to witness what an experienced fix and flip investor can do with a property. Our borrowers purchased this Los Angeles, Calif home for $1,500,000 and after investing $1,100,000 in improvements, the home sold for $3,495,000.
The interior of the home is stunning, with modern, artistic accents, and creative use of lighting.