Listing photoPhiladelphia, PA 19115 · MLS PAPH2664256
"This is a CASH ONLY transaction."
9921-00 Bustleton Ave Unit B12 is a 2-bedroom, 1-bath home in Philadelphia, Pennsylvania listed at $140,800 with 672 square feet, built in 1979. 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 ($14,080), we fund the $30,240 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. REO Occupied AUCTION-NO ACCESS OR VIEWINGS of this property. Great Opportunity to own this condominium unit built in 1960 featuring 1 bedrooms and 1 bath 680 square foot. * * * SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Property Taxes, HOA, and Municipal/Utility Liens. All closing costs including transfer taxes are to be paid by the buyer at closing. (3) Please read the Auction disclaimers carefully before placing a bid or submitting an offer. * * * Please DO NOT DISTURB the occupant. "As-is" cash only sale with no contingencies or inspections. Buyer is responsible for obtaining possession of the property upon closing.
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 | $14,080 (10%) | |
| Loan at closing | $126,720 | |
| Cosmetic renovation, rough estimate* | We fund $30,240 | |
| Total loan | $156,960 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($2,354) | |
| Appraisal | Required | |
| Estimated monthly interest | $1,275 at full draw | |
| Cash to close, rough estimate | $20,824 | |
Rough estimates at the list price of $140,800 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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Cash or hard money only"Property is being sold strictly AS-IS and is a CASH-ONLY sale."
Cash or hard money only""As is" cash only sale with no contingencies or inspections."
"INVESTOR SPECIAL! 4829 N Marshall Street is a great opportunity for an investor looking for their next renovation project. Property is in need of a full renovation and is being sold strictly AS-IS. Seller will make no repairs. Buyer is responsible for all Use & Occupancy requirements, certifications, inspections, and any associated repairs or costs. Buyer is also responsible for 100% of the transfer tax. Cash or hard money financing only. Buyer should perform their own due diligence regarding the condition of the property. Schedule your showing and bring your vision!"
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