Recently Funded Fix & Flip in Walnut Creek
In the picturesque city of Walnut Creek, CA, a remarkable transformation story unfolded with a property that was purchased in July 2023 for $990,000 and sold for an impressive $1,585,000 on March 15th, 2024. This project, financed by Lantzman Lending, stands as a testament to the power of strategic investment, exceptional design, and meticulous staging. Despite a longer-than-expected time to market of 7 months, our client’s patience and timing proved impeccable, hitting the market as it began to warm up after the winter lull. The borrower’s outstanding execution in design and presentation not only maximized the property’s appeal but also its market value. One unique aspect of the renovation that we thoroughly enjoyed, was the kitchen with matching white appliances and a contrasting island in a dark color, these extra details really made the kitchen pop!
The Walnut Creek real estate market has been a rollercoaster of activity and prices. After experiencing an 11% drop in median home prices from the summer of 2022 to the spring of 2023, the market made a robust recovery. The median home price has since climbed to $1,435,000, demonstrating the area’s resilience and appeal to homeowners and investors alike. However, as of this writing, the market has shown slight signs of cooling, with a small dip in median prices over the last couple of months. This nuanced market behavior highlights the importance of timing, market knowledge, and strategic financing in real estate investment.
At Lantzman Lending, we are proud to partner with visionary investors and borrowers who understand the intricacies of the real estate market. This Walnut Creek project exemplifies the potential for substantial returns on investment when the right opportunities are seized with expertise and financial acumen. We remain committed to empowering our clients’ successes through flexible, reliable financing options tailored to the dynamic real estate landscape.
Are you ready to embark on your next real estate venture? Contact Lantzman Lending today and discover how we can support your success with flexible, efficient, and tailored financing solutions. Let’s build something great together. Lending throughout the Bay Area.
