856 W 4th StRiviera Beach, Florida

Riviera Beach, FL 33404 · MLS A12108085

List price

$189,900

2 bd / 1 ba
Bedrooms / baths: 818 sq ft
Living area: 1950
Year built

"access very limited, cash only. Property may have violations that buyer needs to assume."

Listed by Manuel Arce EXP Realty LLC (754) 214-0734

856 W 4th St is a 2-bedroom, 1-bath home in Riviera Beach, Florida listed at $189,900 with 818 square feet, built in 1950. 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 ($18,990), we fund the $36,810 renovation estimate in draws, and the loan closes in 2 weeks. The down payment steps with experience, credit and the size of the renovation. See every hard money opportunity in Florida or our Florida hard money lending page.

From the listing. investment opportunity, access very limited, cash only. Property may have violations that buyer needs to assume. Please see broker remarks.

01 - Price This Property

Hard money financing on 856 W 4th 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 $189,900

State FL

Your credit score, approximate

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

Investment projects you completed in the last 3 years

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

Renovation budget

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

After-repair value, if you know it

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

1. Your score740Qualifies
2. Your experience1 to 2 projects10% down at closing
3. Down payment10% down$18,990 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 $26,496

Loan at closing $170,910

Rate, interest only from 9.75%

With one or two completed projects in three years and a light (up to a quarter of the price) renovation: up to 90% of the price at closing and 100% of the renovation.
Add an after-repair value to confirm the total: the loan is also capped at 70% of it.

02 - The Numbers at Closing

856 W 4th St priced at the list price.

Item		Fix and flip: 10% down
At closing
Qualifies as entered	Yes
Buyer down payment	$18,990 (10%)
Loan at closing	$170,910
Cosmetic renovation, rough estimate*	We fund $36,810
Total loan	$207,720
Rate, interest only	from 9.75%
Points	1.5 ($3,116)
Appraisal	Required
Estimated monthly interest	$1,688 at full draw
Cash to close, rough estimate	$26,496

Rough estimates at the list price of $189,900 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 takes a 740 score or a deeper track record; a first flip under 720 puts 25% 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 Manuel Arce, EXP Realty LLC ((754) 214-0734). To see it or make an offer, contact Manuel 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

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