Listing photoFort Worth, TX 76103 · MLS 21416073
"Sold strictly AS-IS—cash or hard money preferred."
3604 Purington Ave is a 2-bedroom, 1-bath home in Fort Worth, Texas listed at $99,999 with 1,064 square feet, built in 1949. 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 20% down ($20,000), we fund the $117,040 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 Texas or our Texas hard money lending page.
From the listing. INVESTOR SPECIAL! Bring your contractor and your vision to this high-potential diamond in the rough located at 3604 Purington Avenue. Featuring a 1,064 sq ft layout with 2 bedrooms and 1 bathroom, this 1949 classic sits on a generous 7,119 sq ft lot. The property needs extensive repairs, structural updates, and a full cosmetic remodel. Sold strictly AS-IS, cash or hard money preferred.
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: 20% down | |
|---|---|---|
| At closing | ||
| Qualifies as entered | Yes | |
| Buyer down payment | $20,000 (20%) | |
| Loan at closing | $79,999 | |
| Full renovation, rough estimate* | We fund $109,910 | |
| Total loan | $189,909 | |
| Rate, interest only | from 9.99% | |
| Points | 1.5 ($2,849) | |
| Appraisal | Required | |
| Estimated monthly interest | $1,581 at full draw | |
| Cash to close, rough estimate | $34,369 | |
Rough estimates at the list price of $99,999 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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