"CASH only due to condition."
756 Iaukea StHonolulu, Hawaii
Honolulu, HI 96813 · MLS 202609822
- 3 bd / 1 ba
- Bedrooms / baths
- 864 sq ft
- Living area
- 1980
- Year built
- 7,500 sq ft
- Lot
"LOOKING FOR A CASH BUYER."
756 Iaukea St is a 3-bedroom, 1-bath home in Honolulu, Hawaii listed at $450,000 with 864 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 ($45,000), we fund the $95,040 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. See every hard money opportunity in Hawaii or our Hawaii hard money lending page.
Hard money financing on 756 Iaukea St: what you qualify for.
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.
- 1. Your score740Qualifies, high-score terms
- 2. Your experience1 to 2 projectsTier 2: 10% down
- 3. Down payment10% down$45,000 at closing
- A 740 or better score on a purchase under $750,000 gets the high-score terms: the loan can reach 90% of after-repair value instead of 75%.
- Experience Tier 2 on 1 completed project in three years: 10% down, 100% of the renovation funded.
756 Iaukea St priced at the list price.
| Item | Fix and flip: 10% down | |
|---|---|---|
| At closing | ||
| Qualifies as entered | Yes | |
| Buyer down payment | $45,000 (10%) | |
| Loan at closing | $405,000 | |
| Major renovation, rough estimate* | We fund $95,040 | |
| Total loan | $500,040 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($7,501) | |
| Appraisal | Required | |
| Estimated monthly interest | $4,063 at full draw | |
| Cash to close, rough estimate | $56,891 | |
Rough estimates at the list price of $450,000 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.
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"CASH ONLY."
Investor special"Bring your contractor and your vision! Opportunity awaits at Nihi Gardens with this vacant 3-bedroom, 1-bath property offering approximately 836 sq. ft. of interior living space. This home is perfect for providing an opportunity for buyers to redesign and improve the property to suit their needs and preferences. Convenient Honolulu location with access to shopping, dining, schools, public transportation and major thoroughfares. One parking space included. Whether you're looking for a renovation project or a property to transform into your own, this home offers plenty of possibilities. Vacant and easy to show. Property being sold in its present AS-IS condition. Seller will not make repairs or improvements. Buyer and buyer's agent to conduct their own due diligence and independently verify all information deemed material to the purchase."
Want to buy 756 Iaukea St?
Get pre-qualified in one call and write your offer with the financing already lined up.