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  • Folsom Drone
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Loan Amount
$357,000

Purchase Price
$577,000 July 2025

Final Sale Price
$420,00 - Feb 2025

Project Details
Lantzman Lending is a hard money lender and did a loan for the client for $6357,000 on a refinance

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August 4, 2025 by Social Media

Fix & Flip Investor Spotlight – a stunning custom remodel

In February 2025, our client closed on a charming property for $420,000, backed by a hard money loan of $357,000 from Lantzman Lending. Over the next ~70 days, they executed a strategic renovation—updating finishes, optimizing layout, and increasing curb appeal—to re-list the home in early April.   What impressed us most about this flip was the attention to detail on the renovation —  this included double stacked cabinets, a full Samsung Bespoke kitchen appliance package, custom built in cabinets throughout the living space, white bathroom fixtures, luxury tile in almost every room along with accent walls galore, and a functioning  75″ smart TV.  While the listing started at $580,000, the market took its time and the property ultimately sold for $577,000 after about 90 days on market.  That timeline reflects both the care put into the rehab and real-world market shifts.   The market has softened in Clark County in recent month as inventory has increased and marketing times have already moved upward.

 

 


Clark County Market Snapshot (Summer 2025) – Inventory is up and tourism is down

As of June–July 2025, the Clark County real estate market has experienced a very small correction in the past 4 months, with the median home price down 1% over that time.   However, this is coming on the tail end 20 consecutive months of slow growth as the median home price increased by 9% from $405k in May of 2023 up to $443k when it peaked in February of 2025.  There have been some economic concerns in Clark County and there is some potential for this to be reflected in the real estate market in coming months.    We have seen multiple reports of tourism being down to Las Vegas, which is one the main economic industries in the area, and we have also seen a steep increase in real estate inventory since the beginning of the year.    The Las Vegas Convention and Visitors Authority are reporting an 11% decrease year over year for June, and for 2025 all months are down by an average of about 7%.  As far as real estate inventory is concerned, there are approximately 12,600 homes on the market according to the Federal Reserve and in the month of July there were about 2300 homes sold.   This equates to right around 5.5 months of inventory, and while this is historically seen as a neutral market, it is the highest levels we have seen since (pre-covid) 2017.  We will keep our eye on themarket as Lantzman Lending continues to be a leader in private lending in Clark County and Nevada.

Real Estate Inventory FRED

 


Why Work with Lantzman Lending

At Lantzman Lending, we specialize in empowering fix-and-flip investors with fast, flexible, and reliable financing.  Our hard money loans are structured for speed and alignment: closing quickly, financing up to 85% of purchase, and financing 100% of renovation budgets to with our easy fund control —just like this February-to-April turnaround.   We understand Clark County’s market nuances and renovation economics firsthand, and our transparent terms and dedicated support help borrowers confidently maximize ROI.  When you partner with us, you’re getting more than just capital—you get a true ally in your investing journey.

See more Las Vegas Fix & Flips from Lantzman Lending

  1. https://www.lantzmanlending.com/recently%20funded/las-vegas-stunning-fix-and-flip/
  2. https://www.lantzmanlending.com/recently%20funded/las-vegas-fix-flip-loans/
  3. https://www.lantzmanlending.com/recently%20funded/a-flip-transformation-in-vegas-before-and-after/

Start your journey today ====> Apply today <====

or Contact us Today

Phone: (858)720-0229

Email: info@lantzmanlending.com

Filed Under: Residential

858-720-0229

11696 Sorrento Valley Rd, Suite 201
San Diego, CA 92121
*CA-DBO CFL #603-e104 | CA-BRE #01522724

*Loans arranged under the authority of our CFL license will be made pursuant to a California Financing Law License

6671 S. Las Vegas Blvd., Suite 210, Office 201
Las Vegas, NV 89119
MLD 4649 and 4615 | NMLS 1578116

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