Listing photoNew Orleans, LA 70129 · MLS 2578514
"This is a fixer-upper!!"
13043 Deauville Ct is a 3-bedroom, 2-bath home in New Orleans, Louisiana listed at $95,000 with 1,800 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 ($9,500), we fund the $81,000 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. See every hard money opportunity in Louisiana or our Louisiana hard money lending page.
From the listing. This is a fixer-upper! All utilities are active. Bones are fine. It's been vandalized and will need cosmetic work. HVAC condition unknown. Foundation is solid but has soil erosion, typical in Village de Lest.
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 | $9,500 (10%) | |
| Loan at closing | $85,500 | |
| Cosmetic renovation, rough estimate* | We fund $81,000 | |
| Total loan | $166,500 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($2,498) | |
| Appraisal | Required | |
| Estimated monthly interest | $1,353 at full draw | |
| Cash to close, rough estimate | $16,388 | |
Rough estimates at the list price of $95,000 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 New Orleans All Louisiana opportunities Hard money lender in Louisiana Fix and flip loans Every live opportunity
Cash or hard money only"Due to its current condition, the home will not qualify for RD, VA, FHA, or standard Conventional financing. Cash buyers and buyers utilizing appropriate renovation financing are encouraged to take advantage of this opportunity."
"Cash only, no owner financing, quick close."
Investor special"Attn: Investors, Fixer Uppers, Rehabbers. Great opportunity awaits in Gentilly. Home built in 2000 and is in need of a Total Renovation. 3 bedrooms & 2 bathrooms with approx. 1727 Sq. ft. Covered carport & nice size yard. Situated by the upcoming Mirabeau walking park. Electricity and water is not on. Property being sold As is condition. All offers must have pre approval letter or proof of funds."
Get pre-qualified in one call and write your offer with the financing already lined up.
