Listing photoMadison, TN 37115 · MLS 3621949
"Cash or Hard Money."
606 N Graycroft Ave is a 3-bedroom, 2-bath home in Madison, Tennessee listed at $314,900 with 2,333 square feet, built in 1958. 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 10% down ($31,490), we fund the $104,985 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 Tennessee or our Tennessee hard money lending page.
From the listing. Fixer-Upper Opportunity Selling As-Is. Start your Next Project House Which Offers 3 Bedrooms, 2 Full Baths, 1 Car Garage, on 1 Acre Lot. Many possibilities to Improve the Upper Floor Floorplan or Add an Apartment in the Basement. Cash or Hard Money.
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 | $31,490 (10%) | |
| Loan at closing | $283,410 | |
| Cosmetic renovation, rough estimate* | We fund $104,985 | |
| Total loan | $388,395 | |
| Rate, interest only | from 9.99% | |
| Points | 1.5 ($5,826) | |
| Appraisal | Required | |
| Estimated monthly interest | $3,233 at full draw | |
| Cash to close, rough estimate | $41,706 | |
Rough estimates at the list price of $314,900 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.
More hard money deals in Madison All Tennessee opportunities Hard money lender in Tennessee Fix and flip loans Every live opportunity Price deals in ChatGPT with our app
Cash or hard money only"Cash or Renovation financing only."
Cash or hard money only"Seller prefers Quick close, NO Wholesalers, No Assignmments, NO Hard Money, No Creative Financing and No Loans. (Cash ONLY Sale)."
Hard money welcome"The property is being offered as a short sale and is best suited for cash, hard money or renovation financing due to its current condition."
Get pre-qualified in one call and write your offer with the financing already lined up.
