Listing photo2442 Hartman AveOmaha, Nebraska
Omaha, NE 68111 · MLS 22627154
- 2 bd / 1 ba
- Bedrooms / baths
- 1,092 sq ft
- Living area
- 1924
- Year built
- 4,792 sq ft
- Lot
"Attention savvy buyers and investors! This solid two bedroom, one bathroom ranch home offers an unbeatable entry level price point with incredible equity potential. Whether you are looking for an income-producing investment property, a move in ready starter home to personalize with sweat equity, or a prime value add renovation project..."
2442 Hartman Ave is a 2-bedroom, 1-bath home in Omaha, Nebraska listed at $139,900 with 1,092 square feet, built in 1924. 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 ($13,990), we fund the $49,140 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. See every hard money opportunity in Nebraska or our Nebraska hard money lending page.
From the listing. Attention savvy buyers and investors! This solid two bedroom, one bathroom ranch home offers an unbeatable entry level price point with incredible equity potential. Whether you are looking for an income-producing investment property, a move in ready starter home to personalize with sweat equity, or a prime value add renovation project, this single family ranch style home features a functional floor plan and sturdy construction ready for your cosmetic upgrades.
Hard money financing on 2442 Hartman Ave: 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$13,990 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.
2442 Hartman Ave priced at the list price.
| Item | Fix and flip: 10% down | |
|---|---|---|
| At closing | ||
| Qualifies as entered | Yes | |
| Buyer down payment | $13,990 (10%) | |
| Loan at closing | $125,910 | |
| Cosmetic renovation, rough estimate* | We fund $49,140 | |
| Total loan | $175,050 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($2,626) | |
| Appraisal | Required | |
| Estimated monthly interest | $1,422 at full draw | |
| Cash to close, rough estimate | $21,006 | |
Rough estimates at the list price of $139,900 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.
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