Connecticut has a solid economy in various industries like finance and insurance. As it has less flippers than some of our other featured states, there is opportunity here to become a leader in this particular community. The homes are around the median price of homes sold in the U.S. with a median profit that ranges competitively on the larger end. And as the nation’s largest hard money lender, Kiavi has the full scope of investments on both the national and the local scale, so you can get a full-spectrum support.
Uncover more about what you need to know about hard money loans in Connecticut. Whether you are flipping in Hartford, New Haven, or Stamford, there is an opportunity to grow your business throughout the state.
Median Price of Homes Sold
$236,900
Number of Homes Purchased for a Flip
1,065 homes
Median Age of Flipped Homes
62 years old
% of Flips Financed with a Loan
40%
Median Loan Amount
$160,000
Median Profit Per Flip
$89,000
Total Number of Active Flippers
810 flippers
Total Number of New Flippers
16 new flippers
% of Flippers Who Flip Outside of State
8%
Median Number of Days it Takes to Flip a House
161 days
% of Flips Less Than the National Average Sq. Ft.
86%
Median Number of Flips Per Borrower in State
1 flip
Top
8
Connecticut Flipping Counties
Check out the top counties in
Connecticut
ranked by the largest communities of flippers and discover the number of flips in each.
Rank
County
# of flips 2018
Median Profit per Flip
1
New Haven
307
$85k
2
Hartford
276
$74k
3
Fairfield
207
$122k
4
New London
91
$83k
5
Litchfield
57
$80k
6
Tolland
43
$118k
7
Middlesex
42
$53k
8
Windham
40
$60k
LendingHome:
The Proven Source for
Connecticut
Hard Money Loans
Discover the benefits that can be yours when obtaining a hard money loan in Connecticut through Kiavi. As the largest hard money lender in the country, Kiavi knows the space better than anyone else on both a national and local level.
Experience the LendingHome Difference
Kiavi issued $11 million of bridge loans in Connecticut last year. We offer bridge loans in as few as 5 days, up to 90% of the purchase price, up to 125% rehabilitation with holdback, and fund up to $1 million per deal or $3 million across multiple deals. And with a simplified process, premium technology, and a knowledgeable staff to offer support—we are the real estate investing partner that helps our customers close deals, grow their portfolios, scale their businesses, and increase profits.
Why You Should Invest in
Connecticut's
Real Estate Market
Connecticut is an East Coast treasure, and along with its own beautiful cities and seaside landscape, it is also surrounded by some of the biggest cities in the country in neighboring states, like New York City and Boston. And though it boasts its own industries, it is also a large commuter state. This allows for ample opportunity when it comes to developing neighborhoods and investing in house flipping. Given its prime location, it will always be an ideal spot to build your real estate investment portfolio.