Located in the heart of low country South Carolina, just moments from the serene coastline, this recent fix and flip project stands as a testament to the thriving real estate market in the area. The property, a charming 2,100 sq-ft home boasting 4 bedrooms and 4 bathrooms, underwent a remarkable transformation, thanks to the support of Low Tide Private Lending.
With a purchase price of $193,000 and a renovation budget of $160,000, this project was made possible through a short-term residential loan (or some may say, fix and flip loan). The purchase and renovation costs were seamlessly covered by the financing provided, enabling a swift turnaround of the property. The After-Repair-Value (ARV) of the property surged to an impressive $549,000, speaking to the value-adding potential of strategic renovations.
For real estate investors in the Carolinas and greater Savannah, Georgia area, seeking financing solutions for their projects, please reach out to Low Tide Private Lending at this link. Or if you’re ready to apply for a loan today, click here to submit an application.