1st Private Capital
Investment Opportunity · Hard Money Financing

4826 Melbourne RdBaltimore, Maryland

Baltimore, MD 21229 · MLS MDBA2225620

List price
$119,900
3 bd / 2 ba
Bedrooms / baths
1,008 sq ft
Living area
1964
Year built

"Cash or renovation financing only as the property is not lendable in its current condition."

Listed by Heather Comstock Cummings & Co. Realtors (410) 823-0033

4826 Melbourne Rd is a 3-bedroom, 2-bath home in Baltimore, Maryland listed at $119,900 with 1,008 square feet, built in 1964. The seller is asking for cash or hard money, so it is priced here on our fix and flip loan: an investor with at least one completed project puts 10% down ($11,990), we fund the $110,880 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. See every hard money opportunity in Maryland or our Maryland hard money lending page.

From the listing. Major Rehab Opportunity! This estate sale is a true fixer upper requiring a complete gut renovation. Sold AS IS, with the estate making no repairs. Cash or renovation financing only as the property is not lendable in its current condition. Excellent opportunity for investors or savvy buyers looking for their next project. The renovation numbers work, making this a fantastic chance to create significant value.

01 - Price This Property

Hard money financing on 4826 Melbourne Rd: what you qualify for.

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.

List price $119,900
State MD

Type a number, like 720. A ballpark is fine and nothing is pulled. Leave it empty if you have no score.

Flips, rentals bought and sold, or builds. Decides the down payment.

Our super rough estimate at $110 per sq ft. Put in your contractor's number if you have one.

The loan stays under 75% of it. Leave blank to size on the price alone.

  1. 1. Your score740Qualifies, high-score terms
  2. 2. Your experience1 to 2 projectsTier 2: 10% down
  3. 3. Down payment10% down$11,990 at closing
You qualifyAt a 740 score with 1 completed project, you qualify for 10% down on this property with the renovation funded.
Fix and flip, experienced

10% down

We fund 100% of the renovation. Closes in 2 weeks.

Cash to close, rough estimate $19,662
Loan at closing $107,910
Rate, interest only from 9.75%
  • A 740 or better score on a purchase under $750,000 gets the high-score terms: the loan can reach 90% of after-repair value instead of 75%.
  • Experience Tier 2 on 1 completed project in three years: 10% down, 100% of the renovation funded.
02 - The Numbers at Closing

4826 Melbourne Rd priced at the list price.

ItemFix and flip: 10% down
At closing
Qualifies as enteredYes
Buyer down payment$11,990 (10%)
Loan at closing$107,910
Full renovation, rough estimate*We fund $110,880
Total loan$218,790
Rate, interest onlyfrom 9.75%
Points1.5 ($3,282)
AppraisalRequired
Estimated monthly interest$1,778 at full draw
Cash to close, rough estimate$19,662

Rough estimates at the list price of $119,900 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 $110 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 is for experienced investors; first-time flippers put 20% down. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.

We are the lender, not the listing agent. This property is listed by Heather Comstock, Cummings & Co. Realtors ((410) 823-0033). To see it or make an offer, contact Heather directly, or work with your own buyer's agent. The numbers on this page are simply what our financing would look like on this property. Viewing them is not a commitment to borrow from us, and you are free to finance the purchase however you choose. We do not represent buyers or sellers.
Request the Term Sheet Call (323) 304-4978

More hard money deals in Baltimore All Maryland opportunities Hard money lender in Maryland Fix and flip loans Every live opportunity

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