Kentucky emanates that American country lifestyle with its beautiful landscape and Southern spirit. It has a small, yet burgeoning, fix-and-flip community that has a knowledge of wealth as this state boasts one of the higher percentages of multistate flippers. And given that there are fewer flippers, you have less competition to develop your business. As the nation’s largest hard money lender, LendingHome can offer guidance with our impressive terms, staff, flexibility, and knowledge, both nationally and locally.
Uncover more about what you need to know about hard money loans in kentucky. Whether you are flipping in Frankfort, Louisville, or Elizabethtown, there is an opportunity to grow your business throughout the state.
Median Price of Homes Sold
$155,300
Number of Homes Purchased for a Flip
2,442 homes
Median Age of Flipped Homes
43 years old
% of Flips Financed with a Loan
30%
Median Loan Amount
$105,000
Median Profit Per Flip
$54,000
Total Number of Active Flippers
1,017 flippers
Total Number of New Flippers
214 new flippers
% of Flippers Who Flip Outside of State
10%
Median Number of Days it Takes to Flip a House
122 days
% of Flips Less Than the National Average Sq. Ft.
99%
Median Number of Flips Per Borrower in State
2 flips
Top
7
Kentucky Flipping Counties
Check out the top counties in
Kentucky
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
Jefferson
1,706
$55k
2
Kenton
351
$52k
3
Campbell
163
$51k
4
Christian
128
$39k
5
Jessamine
68
$56k
6
Greenup
22
$24k
7
Benton
4
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LendingHome:
The Proven Source for
Kentucky
Hard Money Loans
Discover the benefits that can be yours when obtaining a hard money loan in Kentucky through LendingHome. As the largest hard money lender in the nation, LendingHome knows the space better than anyone else and offers support, flexibility, and transparency.
Experience the LendingHome Difference
LendingHome is expanding their business in Kentucky and looks forward to more great partnerships in this state. 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 $5 million across multiple deals. And with a simplified process, premium technology, and a knowledgeable staff—we are the real estate investing partner that helps our customers close deals, grow their portfolios, and increase profits. We work hard to offer the kind of balance and support you deserve.
Why You Should Invest in
Kentucky's
Real Estate Market
Kentucky is more than just a state of the famous Derby and beautiful racehorses, where to find the best bourbon, or where the first cheeseburger was served. There is so much space to grow in Kentucky with your real estate investments because it has the Southern charm and hospitality that attract welcoming neighborhoods and hardworking people. Discover the abundance of opportunity of house flipping homes in Kentucky and enjoy the potential that being a part of the community in this special state can bring.