Listing photoBreaux Bridge, LA 70517 · MLS 2600007902
"The property is being sold as a fixer-upper, and the owner is currently in the process of leveling the home."
1247 Declouet Hwy is a 4-bedroom, 2-bath home in Breaux Bridge, Louisiana listed at $245,000 with 2,100 square feet, built in 1986. 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 25% down ($61,250), we fund the $231,000 renovation estimate in draws, and the loan closes in 2 weeks. The down payment steps with experience, credit and the size of the renovation. See every hard money opportunity in Louisiana or our Louisiana hard money lending page.
From the listing. Fixer-upper opportunity on 3.59 acres in Breaux Bridge featuring four bedrooms and two bathrooms across 2,100 square feet. The owner is currently in the process of leveling the home, making it suitable for investors, builders, or those seeking a renovation project. Located in the Pleasant Ridge Acres subdivision with Acadian architectural style, including granite countertops, high ceilings, and a fireplace.
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: 25% down | |
|---|---|---|
| At closing | ||
| Qualifies as entered | Yes | |
| Buyer down payment | $61,250 (25%) | |
| Loan at closing | $183,750 | |
| Full renovation, rough estimate* | We fund $231,000 | |
| Total loan | $414,750 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($6,221) | |
| Appraisal | Required | |
| Estimated monthly interest | $3,370 at full draw | |
| Cash to close, rough estimate | $71,861 | |
Rough estimates at the list price of $245,000 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 $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.
More hard money deals in Breaux Bridge All Louisiana opportunities Hard money lender in Louisiana Fix and flip loans Every live opportunity
Investor special"This fixer-upper offers the chance to bring your vision to life and maximize its value."
Investor special"This 4-bedroom, 2-bath home offers approximately 2,150 square feet of living space and is ready for restoration."
Get pre-qualified in one call and write your offer with the financing already lined up.
