Listing photoHopkins, SC 29061 · MLS 642259
"The property is being offered AS-IS and is ready for someone with vision to bring it back to life."
112 Harwood Dr is a 3-bedroom, 2-bath home in Hopkins, South Carolina listed at $99,500 with 1,032 square feet, built in 1981. 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 ($9,950), we fund the $113,520 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. See every hard money opportunity in South Carolina or our South Carolina hard money lending page.
From the listing. Opportunity for investors, flippers, or buyers looking for a property with solid potential. 3-bed, 1.5-bath ranch from 1981 sitting on roughly 0.21 acres, sold AS-IS. Notable features include new subflooring and a roof approximately 13 years old, though HVAC, flooring, and appliances need replacement. Estimates post-renovation value at $170,000-$190,000.
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 | $9,950 (10%) | |
| Loan at closing | $89,550 | |
| Full renovation, rough estimate* | We fund $113,520 | |
| Total loan | $203,070 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($3,046) | |
| Appraisal | Required | |
| Estimated monthly interest | $1,650 at full draw | |
| Cash to close, rough estimate | $17,386 | |
Rough estimates at the list price of $99,500 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 or hard money only; will not qualify for conventional or FHA financing in current condition."
Cash or hard money only"CASH ONLY!"
"CASH ONLY purchase."
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