Listing photoBakersfield, CA 93305 · MLS 202611852
"Seller prefers Hard Money or Cash."
3901 Union Ave #34 is a 2-bedroom, 2-bath home in Bakersfield, California listed at $140,000 with 1,522 square feet, built in 1958. The seller is asking for cash or hard money, so it is priced here on our fix and flip loan: an investor with 1 to 2 completed projects and a 740 score puts 10% down ($14,000), we fund the $68,490 renovation estimate in draws, and the loan closes in 2 weeks. The down payment steps with experience, credit and the size of the renovation. A California buyer can also close in 3 days with 35% down and no appraisal. See every hard money opportunity in California or our California hard money lending page.
From the listing. Spacious Condo in need of some updating. Unique floor plan with large living area and loft. Large Dining room off the kitchen with indoor laundry room/storage area. Good size bedrooms and baths. Seller prefers Hard Money or Cash.
Preset with the list price and our rough renovation estimate. Change your score, your experience, the budget or the after-repair value and the numbers below move with them. Nothing is pulled and nothing is saved.
| Item | Option 1: 35% down | Option 2: 10% down |
|---|---|---|
| At closing | ||
| Qualifies as entered | Yes | No |
| Buyer down payment | $14,000 (10%) | $49,000 (35%) |
| Loan at closing | $126,000 | $91,000 |
| Cosmetic renovation, rough estimate* | We fund $68,490 | Buyer pays $68,490 |
| Total loan | $194,490 | $91,000 |
| Rate, interest only | from 9.25% | 10.5% |
| Points | 1.5 ($2,917) | 1.5 ($1,365) |
| Appraisal | Required | None |
| Estimated monthly interest | $1,499 at full draw | $796 |
| Cash to close, rough estimate | $21,307 | $50,365 |
Rough estimates at the list price of $140,000 for a 740 score and 1 completed project. This is not a commitment to lend.
*Every figure on this page is a rough estimate. The renovation budget is a super rough placeholder at $45 per sq ft, not a bid or an inspection; get your own contractor numbers before you offer. Indicative estimate for discussion, not a commitment to lend. Business-purpose loans to investors only; final terms are set at submission. Fix and flip loans are sized on an appraisal and must stay under 75% of after-repair value. 10% down takes a 740 score or a deeper track record; a first flip under 720 puts 25% down. The no-appraisal option is available in major California markets. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.
More hard money deals in Bakersfield All California opportunities Hard money lender in California Fix and flip loans Every live opportunity Price deals in ChatGPT with our app
Cash or hard money only"While not qualifying for traditional financing due to the age of the home, a hard money loan or cash will work."
Cash or hard money only"Cash / Hard Money ONLY."
Cash or hard money only"Cash offers only, as the property will not qualify for traditional financing."
Get pre-qualified in one call and write your offer with the financing already lined up.
