Listing photoRiverside, CA 92508 · MLS IV26222147
"ALL CASH OFFERS OR PRIVATE MONEY LOAN ONLY."
14273 Pear St is a 4-bedroom, 2-bath home in Riverside, California listed at $1,050,000 with 3,195 square feet, built in 1984. The seller is asking for cash or hard money, so it is priced here on our fix and flip loan: an investor with 1 to 2 completed projects and a 740 score puts 10% down ($105,000), we fund the $143,775 renovation estimate in draws, and the loan closes in 2 weeks. The down payment steps with experience, credit and the size of the renovation. A California buyer can also close in 3 days with 35% down and no appraisal. See every hard money opportunity in California or our California hard money lending page.
From the listing. * * ALL CASH OFFERS OR PRIVATE MONEY LOAN ONLY. NO BLIND OFFERS. ONLY SELLING AS IS CONDITION. SELLER WILL NOT DO ANY REPAIRS OF ANY KIND * * * INVESTOR SPECIAL. BRING YOUR HIGHEST AND BEST OFFER * * * EXCEPTIONAL FIXER RIVERSIDE ESTATE-STYLE HOME ON 0.91 ACRES WITH POOL, SPA & ENDLESS POSSIBILITIES! Discover this impressive property ideally situated near the desirable Alessandro Heights, Hillcrest, Woodcrest, and Mission Grove communities! Home sits on a generous 0.91-acre corner lot with a natural creek running through a portion of the property.
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 | Option 1: 35% down | Option 2: 10% down |
|---|---|---|
| At closing | ||
| Qualifies as entered | Yes | Yes |
| Buyer down payment | $105,000 (10%) | $367,500 (35%) |
| Loan at closing | $945,000 | $682,500 |
| Cosmetic renovation, rough estimate* | We fund $143,775 | Buyer pays $143,775 |
| Total loan | $1,088,775 | $682,500 |
| Rate, interest only | from 9.99% | 10.5% |
| Points | 1.5 ($16,332) | 1.5 ($10,238) |
| Appraisal | Required | None |
| Estimated monthly interest | $9,064 at full draw | $5,972 |
| Cash to close, rough estimate | $125,722 | $377,738 |
Rough estimates at the list price of $1,050,000 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. The no-appraisal option is available in major California markets. 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"CASH ONLY OFFERS!"
Cash or hard money only"Probate sale. Final Cash or hard money financing only. Property is being offered in its present as is condition."
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