Meridian Capital Holdings LLC, works in real estate in Orlando, Florida. We specialize in both residential and commercial acquisition, rehabilitation and sales. It’s owner’s are also licensed real estate agents in the state of Florida, who can help you buy or sell a house, condo or commercial property. Meridian Capital Holdings is a local expert at managing a range of real estate assets in our local market place.
Do you have an undesirable home in your neighborhood or know someone looking to sell their house? Meridian Capital Holdings will pay cash for your home! Contact Meridian Capital Holdings today for more information about we might be able to help you achieve your goals.
Meridian Capital Holdings was a featured expert in another Orlando Sentinel Article concerning the Orlando Real Estate market.
The flipped resale prices reported for Orlando likely include about $20,000 to $30,000 in renovations for each house plus about $10,000 in real-estate costs, said Winter Park agent Ryan Courech, who estimated he has flipped about 43 houses in the Orlando area during the past four years.
He said he doubts flippers are still getting the kind of profit margins reported by RealtyTrac for 2012.
“It’s almost impossible to buy a flip,” said Courech, a principal with Meridian Capital Holdings LLC. “The big hedge funds are moving in and are buying hundreds and hundreds of houses to use as rentals. After a three- to five-year hold, they will sell them off and get about 8 to 10 percent in annual rental profits until then.”….
The key difference between now and the boom years in terms of flipping, Courech said, is that legitimate investors are paying cash this time around. Leading up to the slump, much of the money supporting the housing market was speculative and borrowed from banks, which ultimately foreclosed on such properties.
With so many cash deals now driving the investor-heavy market, he said, flipped properties are less likely to wind up in foreclosure.
Meridian Capital Holdings sold 565 Preston Rd in Longwood today! Congrats to the new owners! Meridian Capital Holdings would also like to thank the City Council members of the City of Longwood for working so closely with us on this project.
Meridian Capital Holdings is proud to announce two new acquisitions. The first is at 1761 Tippicanoe Trl in Dommerich Estates Maitland FL. This property will be 3 beds and 2 baths with about 2,000 SqFt of living space, it also comes with deeded lake access to the Winter Park Chain of lakes! The other property is located at 1426 Lake Highland Dr in beautiful downtown Orlando. This property currently has a single family home and it will most likely become a duplex with two townhomes on it. This will be a Meridian Capital Holdings first as this is a major development project!