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Big Budget Repairs Worth The Cost

By June 25, 2018July 18th, 2018Home Remodeling
Big Budget Repairs

Looking to boost your home value but don’t know where to start? These big budget repairs will dramatically increase home value while promising to give you the most return on investment!

Kitchen

The kitchen is the heart of the home, and one of the top things people look at when thinking of buying a new home. So if you need of a much needed boost in home value, a kitchen remodel should be where you get started. Seasoned House flippers will always update the kitchen when looking for the most return on interest, and it can be easier than you think to update an old kitchen! A minor kitchen remodel could include: new finishes and appliances, updating cupboards and cabinets, and a new coat of paint. If looking for a bigger project that will add more value to your kitchen consider adding backsplash, new countertops, and possible re-tiling. A modern kitchen will always be one of the top selling points in a home, especially for house flipping.

Bathroom

Updating or adding an extra bathroom to your space will also help dramatically increase your home value. If your home is short on space considering taking advantage of some spare space, such as an unused closet in a good location in the house to make room for a new bathroom. F you decide to updating the existing spaces remember; less is more. It’s more important for the space to be cohesive to the home rather than be flashy. Keep your updates simple and sensible and you can see a great return on your investment for a house flip!

Master Bedroom

The master bedroom will be one of the easier projects on this list. Make sure your Master has lots of space and if possible add more, and could be used for multiple reasons. To update this room, make sure you have adequate light, so adding a window may be necessary, but if simple updates and replacing or adding trim, and painting a calming modern color will also make your home easier to sell.

Storage Spaces

Looking to add value and additional listing points for your flip? Look at your closets! Are the closets living up to their full potential? Simply by replacing shelving with adjustable modern wire racks can take utilize the space better by adding more storage capabilities.  Make sure to repaint and replace light fixtures to really make those closets pop!

Financing Renovations

When looking to give your home a facelift or finance a house flip, Prime Plus Mortgages offers the loans you need fast! Traditional loans can take weeks for approval, and make It hard to get your projects done on time! Our Home Rehab loans, and Flip loans have been designed with you in mind! We know you need our money fast which is why our loans can get approved in as little as 24 hours. These loans are based on the value of the home, not credit score or income verification, which make it perfect for house flips and home renovation projects.

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Prime Plus Mortgages

Prime Plus Mortgages is a licensed hard money lender. We specialize in hard money loans, bridge loans, fix and flip loans, home rehab loans, for developers, property flippers and buy-and-hold strategists. HML programs make private money available for small to medium scale projects.