Street address with a free account
$339,900
4 bd · 3 ba · 2,896 sq ft
"Off Market Orlando Block Flip"
Pricing and profitability Sign in to see
Renovation estimate, rough $130,320
Offered by Alam Wali, HIGHPOINT HOLDINGS GROUP LLC
Listing photoInvestment Opportunity · Hard Money Financing
Alamo DrOrlando, Florida
Orlando, FL 32805
List price
$399,900
- 4 bd / 3 ba
- Bedrooms / baths
- 4,832 sq ft
- Living area
"4,832 Sq Ft SoDo Renovation"
Alamo Dr is a 4-bedroom, 3-bath home in Orlando, Florida listed at $399,900 with 4,832 square feet. It is a wholesale deal offered to investors, so it is priced here on our fix and flip loan: an investor with at least one completed project puts 10% down ($39,990), we fund the $531,520 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. See every hard money opportunity in Florida or our Florida hard money lending page.
From the wholesaler. Flip. Estimated ARV $675,000 to $725,000 +/- (wholesaler's estimate).
01 - Price This Property
Hard money financing on Alamo Dr: 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
- 2. Your experience1 to 2 projectsTier 2: 10% down
- 3. Down payment10% down$39,990 at closing
You qualifyAt a 740 score with 1 completed project, you qualify for 10% down on this property with the renovation funded.
- Experience Tier 2 on 1 completed project in three years: 10% down, 100% of the renovation funded.
02 - The Numbers at Closing
Alamo Dr priced at the list price.
| Item | Fix and flip: 10% down | |
|---|---|---|
| At closing | ||
| Qualifies as entered | Yes | |
| Buyer down payment | $39,990 (10%) | |
| Loan at closing | $359,910 | |
| Full renovation, rough estimate* | We fund $531,520 | |
| Total loan | $891,430 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($13,371) | |
| Appraisal | Required | |
| Estimated monthly interest | $7,243 at full draw | |
| Cash to close, rough estimate | $57,751 | |
Rough estimates at the list price of $399,900 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 $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.
We are the lender, not the wholesaler. This property is offered by Flips & Flows ((321) 945-7795). To see it or make an offer, contact Flips & Flows directly. The numbers on this page are simply what our financing would look like on this property. Viewing them is not a commitment to borrow from us, and you are free to finance the purchase however you choose. We do not represent buyers or sellers.
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Investor specialStreet address with a free account
$400,000
4 bd · 2 ba · 2,466 sq ft · Built 1973
"Short Sale. INVESTOR SPECIAL • FIXER-UPPER • NO HOA • PRIVATE POOL • 2,466 SQ FT • MULTIGENERATIONAL OR PADSPLIT POTENTIAL Bring your vision to this spacious 4-bedroom, 2-bathroom pool home in the established Dover Estates neighborhood!"
Pricing and profitability Sign in to see
Renovation estimate, rough $110,970
Listed by Daniel Rodriguez, New Heights Realty Group
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