Up and Coming Neighborhoods near Los Angeles, Denver and Phoenix
When it comes to flipping real estate for profit, savvy investors know there is strategy that can increase the return on real estate investments – purchasing houses for fix and flip in up and coming neighborhoods. In Los Angeles, Denver and Phoenix, up and coming neighborhoods have proven to be highly profitable.
Mar Vista Neighborhood in the Los Angeles Area
Mar Vista is an up and coming neighborhood that is conveniently located near the Venice boardwalk, Santa Monica, excellent schools and Silicon Beach, the heart of L.A.’s tech boom.
The market outlook for homes in the Mar Vista neighborhood is favorable. Although these homes may be priced higher than other neighborhoods, Mar Vista’s desirability will surely lead to flipping success.
East Sunnyside in Denver, Colorado
In recent years, Denver housing inventory has become scarce due to the large of number of residents who now call the Mile High City their home. Denver area real estate investors who use hard money to fund fix and flip loans view up and coming neighborhoods as prime investment opportunities.
East Sunnyside is an up and coming Denver neighborhood that offers a multitude of promising investment features. Not only does East Sunnyside have affordable housing, there are favorable zoning laws in the area.
East Sunnyside neighborhood has yet to reach its full potential. So, it offers early adopters an opportunity to purchase here before other investors take over. East Sunnyside has parks, boutiques, restaurants, bars and coffee shops located within walking distance of this tranquil residential area.
East Sunnyside is home to updated townhomes, bungalows and ranch homes. With its attractive mix of business and residential properties, fix and flip investors would do well to take a look at East Sunnyside.
The South Scottsdale Neighborhood
South Scottsdale is a key up and coming neighborhood in Phoenix. This neighborhood is growing in popularity because of its close proximity to night life and restaurants in Old Town Scottsdale, Arizona State University and Skysong.
Opportunity is plentiful for the fix and flip investor since most of the homes are older and are in dire need of fix up.
Finding Fix and Flip Loans
Fix and flip properties require an investor to have access to large amounts of capital. If you are an investor in search of cash, Orchard Financial can provide you with a competitive rate on a hard money loan for your next fix and flip project.
Our loan program features funding for 90 percent of purchase price, 90 percent of repair costs and zero points. We invite you to apply for a loan with Orchard Financial today.