Listing photoBear, DE 19701 · MLS DENC2111572
"PLEASE READ DETAILS: This is a SHORT-SALE! THIS SALES PRICE IS SUBJECT TO BANK APPRAISAL VALUE/APPROVAL. " SOLD AS IS ""
17 E Moyer Dr is a 4-bedroom, 2.5-bath home in Bear, Delaware listed at $350,000 with 3,150 square feet, built in 1994. 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 ($35,000), we fund the $141,750 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. See every hard money opportunity in Delaware or our Delaware hard money lending page.
From the listing. This is a SHORT-SALE, sales price subject to bank appraisal value and approval, sold as is. Spacious 4-bedroom, 2.5-bath home on a corner lot with fenced backyard, deck and fully finished basement.
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 | Fix and flip: 10% down | |
|---|---|---|
| At closing | ||
| Qualifies as entered | Yes | |
| Buyer down payment | $35,000 (10%) | |
| Loan at closing | $315,000 | |
| Cosmetic renovation, rough estimate* | We fund $141,750 | |
| Total loan | $456,750 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($6,851) | |
| Appraisal | Required | |
| Estimated monthly interest | $3,711 at full draw | |
| Cash to close, rough estimate | $46,241 | |
Rough estimates at the list price of $350,000 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 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.
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Investor special"This home is a short sale. Home is being sold in as-is condition and seller will not make repairs. Handyman special - needs TLC."
Get pre-qualified in one call and write your offer with the financing already lined up.
