Here’s a look into one of Washington Capital Partners’ recent Washington D.C. fix and flip loans. Our borrower, Virginia, contacted Washington Capital Partners with this Petworth rowhome. She found this three-bedroom, one-bathroom home almost fully-gutted from the previous owner whose remodeling plans came to a halt. Just minutes away from a metro station, in the
This week Kevin breaks down an example deal and explains some of the hard money loan metrics he uses to analyze them. Example: There’s a property for sale for $250,000 and it needs $50,000 in repair. The estimated ARV as presented by the investor is $400,000. Here we’re going to analyze the deal making sure
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