Our weekly renovation spotlight shines on the stunning renovation of this 3-bed, 1-bath ranch-style single family home located in Lakeland, Florida. This recently converted modern mid-century home is the latest professional remodel from Redone Homes, LLC, a local real estate investment company that focuses on fix-and-flip. They are improving property values in neighborhoods across Central Florida by rehabilitating vacant, distressed homes. They have become well-known for their custom home renovations with a motto of “making old, new again.” Led by co-owner and project manager, Yoandy Gomez, Redone Homes, LLC has actively partnered with both investors and realtors.
The condition and the fact that the home contained only one bathroom, made many investors and potential buyers overlook the potential of the property. With keen eyes, the Redone Homes team recognized the opportunity behind this home. Construction began by demolishing the interior. The layout was modified, allowing for a more open floor plan. As a part of the rehab, the property received a new, custom kitchen boasting granite counter tops, wood cabinetry and new stainless steel appliances. The bathroom experienced a total makeover as well. Previously, the house was loaded with dingy, outdated, jalousie windows, which were removed and replaced with new, safety glass windows. Soft, natural light flows in from all directions through each redone room, finished with new flooring and fixtures. The electric system was updated from fuse to modern circuit breakers. Central air conditioning was also installed, bringing this home completely into the 21st century. With a renovation timeline of 4.5 months and a total project time of 7 months from acquisition to sale, this successful flip was in the market for only 20 days before purchase.
Colony American Finance works with borrowers like Redone Homes, LLC, to finance real estate investment portfolios of various quantities and property types. Are you a real estate investor looking to expand your real estate investment portfolio? Interested in refinancing your rental property? Colony American Finance has the financing solution for your investment strategy. For more information about the types of loans we offer and to see how we can best aid in expanding your investment portfolio or help your clients expand their portfolios, please visit us at colonyamericanfinance.com or give us a call at 1-844-223-2231 today.
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