Tag Archive for: Colorado fix and flip

Home on the Prairie

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This ambitious fix and flipper turned this run-down home into a true home on the prairie. One of our expert flippers down in Pueblo, CO saw this home on Prairie Street and put in an offer right away. It wasn’t completely lost, and it had major potential. He purchased the 1,077 square foot home for $145,000 and had a $30,000 budget. His scope of work included updating the exterior siding, refinishing the kitchen and bathrooms, and repairing the plumbing and electrical. No easy feat!

Prairie Street is in an older neighborhood, but a lot of the homes have been updated. He wanted to make sure the charm of the home remained, while still giving the home a new and modern appeal. It all started with the kitchen. He fixed the plumbing and electrical, and then proceeded to install new cabinets, floors, and appliances. The kitchen is one of the centerpieces of the home, and he knew he had to make this room stand out. He went with a sleek look of a white subway tile backsplash, pure white cabinets, stainless steel appliances, and a grey-tones granite countertop. This design really gives off a clean and modern look, while still leaving room for the homeowner’s design choices to add some fun color.

Next, he did the same with the bathrooms by getting them fully renovated with a new and sleek look. As a result, it’s really stunning when you look at the before photo compared to the after!

Lastly, he made sure not to forget the exterior, and he cleaned up the siding and added a fresh coat of paint. Curb appeal is not something to forget, and he really brought this prairie home back to life.

He did all of this amazing work in just 4 months and was able to sell the home for $257,000! Talk about a comeback for this cute Home on the Prairie!

Do You Need a Hard Money Loan?

With hard money loans, it’s very important to shop around. Every hard money lender will offer a slightly different type of loan, with slightly different requirements.

There is a loan that is perfect for your credit, your plan, and your property. You just have to find it.


Contact us for a Hard Money Loan

Check us out on YouTube

Hard Money Mike funds loans in Colorado, Oklahoma, and Texas.

Fixer Upper in Southern Colorado

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Let us walk you through this fixer upper in Southern Colorado. There are certain areas that just need fix and flippers. The homes are 40+ years old, run down, and they are ready for some TLC. When Eric found this property in Pueblo, CO, he saw the potential and put in an offer right away. It’s not a large home, only 1,240 sq. ft., but it makes up for it in charm. Eric purchased this property for $130,000 and estimated a $30,000 budget. The home didn’t need a complete renovation, but the hardwood floors needed refinishing, the carpet and paint needed to be replaced, the kitchen needed a good gutting and a facelift, the bathrooms were in dire need of some serious updates, and on top of all that, the roof needed repair.

 

The last time this home was updated was very likely in the 70’s. The kitchen had a brown linoleum floor, pale yellow cabinets, and green walls. Talk about a fixer upper! Eric decided to go with a clean, white look. With a white subway tile backsplash, crisp white wood cabinets, and a snow-white quartz countertop with eased edging. Best of all, the kitchen was modernized with energy efficient stainless-steel appliances.

Both bathrooms were stripped of their pink, grungy tile, and upgraded to the modern black and white look. The exterior of the home was repainted, the windows were replaced and shuttered, and would ya look at that! It’s much more inviting and charming and is just begging for a new family to move in and enjoy the upgrades. He was able to flip this home into something beautiful in just 4 months, and he sold the home for $230,000. The community and surrounding areas just got that much closer to moving out the “we need fix and flippers” category, and into the “you know you want to live here” category.

Do You Need a Hard Money Loan?

With Hard Money Loans, it’s very important to shop around. Every Hard Money lender will offer a slightly different type of loan, with slightly different requirements.

There is a loan that is perfect for your credit, your plan, and your property. You just have to find it.


Contact us for a Hard Money Loan

Check us out on YouTube

Hard Money Mike funds loans in Colorado, Oklahoma, and Texas.