Listing photoLouisville, KY 40203 · MLS 26002284
"Perfect spot for flippers or rehab investors. Property needs work and is being sold as-is. Great opportunity to add value with the right renovation. Solid layout makes for a manageable project whether you're looking to flip or build long-term rental income. Positioned for a strong return once completed. Investor demand in this area remains steady, serious inquiries only. Bring your contractor and your offer. Buyers to perform all due diligence."
1907 Lytle St is a 3-bedroom, 1-bath home in Louisville, Kentucky listed at $60,000 with 1,028 square feet, built in 1900. 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 ($6,000), we fund the $46,260 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. See every hard money opportunity in Kentucky or our Kentucky hard money lending page.
From the listing. Perfect spot for flippers or rehab investors. Property needs work and is being sold as-is. Great opportunity to add value with the right renovation. Solid layout makes for a manageable project whether you're looking to flip or build long-term rental income. Positioned for a strong return once completed. Investor demand in this area remains steady, serious inquiries only. Bring your contractor and your offer. Buyers to perform all due diligence.
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 | $6,000 (10%) | |
| Loan at closing | $54,000 | |
| Cosmetic renovation, rough estimate* | We fund $46,260 | |
| Total loan | $100,260 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($1,504) | |
| Appraisal | Required | |
| Estimated monthly interest | $815 at full draw | |
| Cash to close, rough estimate | $11,894 | |
Rough estimates at the list price of $60,000 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 $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.
More hard money deals in Louisville All Kentucky opportunities Hard money lender in Kentucky Fix and flip loans Every live opportunity
Investor special"A great opportunity for an investor seeking immediate rental income or a buyer planning ahead for future owner occupancy. Property is being sold as-is."
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