1st Private Capital
1119 W Nevada St, Philadelphia, PA: 4-bedroom, 2-bath for sale, listing photoListing photo
Investment Opportunity · Hard Money Financing

1119 W Nevada StPhiladelphia, Pennsylvania

Philadelphia, PA 19133 · MLS PAPH2673434

List price
$69,900
4 bd / 2 ba
Bedrooms / baths
1,174 sq ft
Living area
1925
Year built
995 sq ft
Lot

"Investor's Special. Property needs work but has great potential for a fix-and-flip or Rental property. Being Sold "AS-IS" Condition."

Listed by Kelly Huang HK99 Realty LLC (215) 725-7888

1119 W Nevada St is a 4-bedroom, 2-bath home in Philadelphia, Pennsylvania listed at $69,900 with 1,174 square feet, built in 1925. 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 ($6,990), we fund the $52,830 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. See every hard money opportunity in Pennsylvania or our Pennsylvania hard money lending page.

From the listing. Investors Special. Property needs work but has great potential for a fix-and-flip or Rental property. Being Sold AS-IS Condition. 4 Bedrooms and 2 Baths Row Home with convenient access to public transportation, and close proximity to Temple University.

01 - Price This Property

Hard money financing on 1119 W Nevada St: 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.

List price $69,900
State PA

Type a number, like 720. A ballpark is fine and nothing is pulled. Leave it empty if you have no score.

Flips, rentals bought and sold, or builds. Decides the down payment.

Our super rough estimate at $45 per sq ft. Put in your contractor's number if you have one.

The loan stays under 75% of it. Leave blank to size on the price alone.

  1. 1. Your score740Qualifies, high-score terms
  2. 2. Your experience1 to 2 projectsTier 2: 10% down
  3. 3. Down payment10% down$6,990 at closing
You qualifyAt a 740 score with 1 completed project, you qualify for 10% down on this property with the renovation funded.
Fix and flip, experienced

10% down

We fund 100% of the renovation. Closes in 2 weeks.

Cash to close, rough estimate $13,116
Loan at closing $62,910
Rate, interest only from 9.75%
  • 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.
02 - The Numbers at Closing

1119 W Nevada St priced at the list price.

ItemFix and flip: 10% down
At closing
Qualifies as enteredYes
Buyer down payment$6,990 (10%)
Loan at closing$62,910
Cosmetic renovation, rough estimate*We fund $52,830
Total loan$115,740
Rate, interest onlyfrom 9.75%
Points1.5 ($1,736)
AppraisalRequired
Estimated monthly interest$940 at full draw
Cash to close, rough estimate$13,116

Rough estimates at the list price of $69,900 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.

We are the lender, not the listing agent. This property is listed by Kelly Huang, HK99 Realty LLC ((215) 725-7888). To see it or make an offer, contact Kelly directly, or work with your own buyer's agent. 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.
Request the Term Sheet Call (323) 304-4978

More hard money deals in Philadelphia All Pennsylvania opportunities Hard money lender in Pennsylvania Fix and flip loans Every live opportunity

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