12 weeks to 200K+ profit: Flipper stuns in San Luis Obispo

FIX AND FLIP
Detail
Loan Amount
$420,000
Loan Type
Purchase
Location
San Luis Obispo
Approx. Value Increase
$230,000

A San Luis Obispo property was transformed to increase its value by a staggering $230,000 in just three months.

The Challenge

The SLO home had strong potential but needed significant work to bring it back to life.

The foundation required repairs, and the overall home was outdated.

To make it market-ready, the flipper needed to address structural issues while also delivering stylish, modern updates that would appeal to buyers in the competitive San Luis Obispo market.

To help make it happen, our client came to us seeking a $420,000 purchase loan, and the Equidy team was keen to support the venture.

The flipper had a big vision for this humble San Luis Obispo property

The Result

The property developer, a previous Equidy client and experienced flipper, tackled the project strategically, repairing the foundation and completing essential renovations.

Inside, the home was revitalized with fresh paint throughout, a brand-new kitchen, an upgraded bathroom, and new flooring.

The exterior also received a full makeover, giving the property instant curb appeal.

Within just three months, the property was completely transformed, selling for a $230,000 increase in value.

It was a sharp, well-executed flip in one of California’s most sought-after markets – proof of the rewards that come with a smart strategy and decisive action.

The flipper did an incredible job with this fast transformation

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