Cash or hard money only"Property is being sold as-is and cash only."
Listing photoDenver, CO 80221 · MLS 3821135
"**CASH OFFERS ONLY** Incredible investment opportunity awaits in this ranch style home located in the popular Fairview community! Home is priced accordingly due to current condition. Needs everything front top to bottom. The Seller will not entertain any repairs at this price. Strictly Sold As Is!"
7789 Greenleaf Ln is a 3-bedroom, 2-bath home in Denver, Colorado listed at $246,300 with 1,384 square feet, built in 1955. 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 ($24,630), we fund the $152,240 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. See every hard money opportunity in Colorado or our Colorado hard money lending page.
From the listing. **CASH OFFERS ONLY** Incredible investment opportunity awaits in this ranch style home located in the popular Fairview community! Home is priced accordingly due to current condition. Needs everything front top to bottom. The Seller will not entertain any repairs at this price. Strictly Sold As Is!
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 | $24,630 (10%) | |
| Loan at closing | $221,670 | |
| Full renovation, rough estimate* | We fund $152,240 | |
| Total loan | $373,910 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($5,609) | |
| Appraisal | Required | |
| Estimated monthly interest | $3,038 at full draw | |
| Cash to close, rough estimate | $34,629 | |
Rough estimates at the list price of $246,300 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.
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Cash or hard money only"CASH-ONLY SALE. Property is being sold strictly as-is and is priced to reflect its current condition. ... Seller will not accept assignable contracts, assignment provisions, or offers contingent upon Buyer securing another purchaser or funding source."
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