Inside the Project: Alexandria, VA Pop-Top This modern architectural beauty started off as a quaint all-brick ranch house in the Wellington Estates neighborhood of Alexandria, VA. This property was in good condition but was significantly undersized for the neighborhood. Our borrower secured a Fix and Flip Loan to finance both the acquisition and significant
Inside the Project: Washington, DC Multifamily Infill This new construction condo building started off as an empty lot between two multifamily buildings in the Dupont Circle neighborhood of NW Washington, DC. At first glance this property appeared to be a simple alleyway, but it had a prime location and dimensions for an investor to
Inside the Project: Million Dollar Split-Level in Bethesda, MD This fix and flip project in Bethesda, Maryland started as a common 1960s split-level home with no significant updates since the 80s and in a near-hoarder home situation. The prime location and as-is condition of the property allowed our borrower to position themselves for a
Inside the Project: Hidden Gem to High-End Home This new construction project started as an empty lot covered in trees that was easy to pass right by without noticing, however it was located in the highly sought-after Palisades neighborhood of DC that brings high sales prices — almost always in the $2 Million+ range.
This featured ground-up construction project is located in Bethesda, MD, just minutes from the ever-popular Bethesda Row. Bethesda remains an attractive choice for buyers looking to retreat from the hustle and bustle of DC, and this contemporary luxury property does not disappoint. The median home price for the neighborhood is $610,000, however, within 1 mile
Whether you’re new to real estate investing or an experienced house flipper looking to do your first project in Maryland, you’re going to need permits. Below you’ll find each of the permits currently needed to flip houses in Maryland as well as some frequently asked questions about them. The permits required to flip houses in
What is Underpinning? When adding new stories to a property or repairing a faulty foundation, “underpinning” is the process used to improve and strengthen an existing foundation and allow for more load-bearing capabilities. It is common in restoring old buildings, “pop-top” renovations (adding stories to a property), and condo conversion (subdividing a property into multiple
Getting Approval For Your Condo Conversion When doing a condo conversion for the first time there are some things you will need to do differently than your standard fix and flip. Because you will have to underpin the home, the permitting becomes more difficult. Because you are performing excavation almost on the neighboring properties as
One of the keys to successfully flipping a house is knowing what trends local buyers are looking for in a renovated property. Not only do these popular choices in materials and design typically translate to fewer days on market, but they are proven to deliver a solid return on investment in the DC metro area.
We have the experience and team ready to be your partner. Contact us today and learn why real estate investors choose to work with WCP for all of their funding needs.
