Investing in a fix and flip property in Moreno Valley, CA, proved to be a resounding success for one of our investor partners who adhered to the “Keep it simple, stupid” (K.I.S.S.) method. This approach emphasized the power of simplicity and practicality, and it paid off. Choosing a neutral color palette and straightforward finishes, the investor transformed the property into a minimalist, yet stylish, haven. Neutral tones not only create a clean and spacious ambiance but also appeal to a broader range of potential buyers.
By avoiding over-the-top designs and extravagant renovations, the investor kept costs in check and maximized their return on investment. The property’s straightforward design made it easier to attract potential buyers, and it sold quickly at an impressive profit.
Riverside Counties real estate market proved to be the ideal backdrop for this profitable flip investment. Riverside County now sits at a median home price of $585,000. Riverside County has remained remarkably steady throughout 2022 and 2023 while other market have seen intense swings in price. The median price is down about 2.9% since its peak levels seen in July of 2022.
Lantzman Lending is a hard money lender and did a loan for the client for $280,000 on a purchase price of $285,000. This includes purchase and construction funds. We are lending throughout CA to investors up to 85% loan to cost for fix and flip investments. This includes loans up to 85% of the purchase price and 100% of the construction funds.
Get a quote in minutes on your next fix and flip investment: https://www.lantzmanlending.com/get-instant-quote/