A successful fix-and-flip starts with identifying the right opportunity, planning the renovation, and executing a strategy that makes sense for the market. This Walterboro, South Carolina, investment property is a great example of a real estate investor transforming a property and bringing it to market with strong results.
With financing from Low Tide Private Lending, the investor purchased the property for $57,500, invested $81,500 in construction, and ultimately sold it for $209,900.
The Before: Finding Potential in Walterboro, SC
Located in Walterboro, in South Carolina’s Lowcountry, this property presented an opportunity to create value through renovation. The investor began the project in March, with plans to update the home and prepare it for resale.
With a dedicated construction budget and a clear exit strategy, the project focused on improving the property’s appearance and appeal to prospective buyers.
[Insert BEFORE exterior photo]
The Transformation: A Complete Fix-and-Flip Renovation
The renovation updated the property’s exterior, kitchen, and bathroom, giving the home a refreshed look before it returned to the market.
Exterior Renovation
The exterior updates helped refresh the home’s overall appearance and create a stronger first impression for potential buyers.
Kitchen Renovation
The kitchen transformation brought a fresh look to one of the home’s key living spaces, helping the property feel more market-ready.
Bathroom Renovation
The updated bathroom complemented the broader renovation, contributing to the home’s overall transformation.
The Results: Under Contract in Just Six Days
The investor began renovations in March and completed the project in time to list the property in early August. Listed at $215,000, the home went under contract just six days after hitting the market and ultimately sold for $209,900.
Here’s a breakdown of the Walterboro fix-and-flip project:
- Property location: Walterboro, South Carolina
- Purchase price: $57,500
- Construction costs: $81,500
- Combined purchase and construction costs: $139,000
- Estimated after-repair value (ARV): $205,000
- Original list price: $215,000
- Final sale price: $209,900
- Days on market before going under contract: 6
The final sale price exceeded the estimated after-repair value by $4,900. The property also sold for $5,100 below its original asking price, demonstrating a strong result relative to the listing price.
For fix-and-flip investors, this project illustrates the importance of budgeting for renovations, understanding the property’s potential after repairs, and having a plan to bring the finished home to market.
Fix-and-Flip Financing for South Carolina Real Estate Investors
Every investment property has its own opportunities, renovation requirements, and timeline. Having the right financing partner can help investors move from acquisition through construction and toward resale.
Low Tide Private Lending provides private real estate financing for eligible residential investment properties throughout South Carolina, North Carolina, and select Georgia markets. Our fix-and-flip loans are designed for investors purchasing and renovating properties for resale, with flexible financing structures and construction draw funding.
Whether you’re investing in the Charleston area, elsewhere in South Carolina, or in one of our Georgia lending markets, our team works directly with investors to understand the project and structure financing around the deal.
Planning your next fix-and-flip?
Contact Low Tide Private Lending to discuss your next investment property and learn more about our fix-and-flip financing options.
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