Listing photoHenrico, VA 23294 · MLS 2625601
"Property is sold as-is."
7505 Rudolph Ct is a 3-bedroom, 2.5-bath home in Henrico, Virginia listed at $199,900 with 1,584 square feet, built in 1980. 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 ($19,990), we fund the $71,280 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. See every hard money opportunity in Virginia or our Virginia hard money lending page.
From the listing. Bring your vision to this 1584 sq ft West End home. 3 bedrooms and 2.5 baths ready for your vision. PLUS a 2 car GARAGE with a large room addition! Property is sold as-is. Properties with some upside in the West End are hard to find. Take a look at your numbers and jump on this opportunity to create sweat equity!
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 | $19,990 (10%) | |
| Loan at closing | $179,910 | |
| Cosmetic renovation, rough estimate* | We fund $71,280 | |
| Total loan | $251,190 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($3,768) | |
| Appraisal | Required | |
| Estimated monthly interest | $2,041 at full draw | |
| Cash to close, rough estimate | $28,148 | |
Rough estimates at the list price of $199,900 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 $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 being sold as is and all inspections will be for information purposes only."
Get pre-qualified in one call and write your offer with the financing already lined up.
