Listing photoRochester, NY 14608 · MLS R1723178
"PROPERTY SOLD AS-IS. ALL ON-SITE MATERIALS INCLUDED IN SALE. CASH ONLY SALE."
282 Parkway is a 6-bedroom, 2-bath home in Rochester, New York listed at $69,500 with 2,883 square feet, built in 1880. 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 100% down ($69,500), we fund the $129,735 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 New York or our New York hard money lending page.
From the listing. INVESTORS, HERE'S YOUR NEXT OPPORTUNITY! With over 2,300 square feet of potential and a spacious backyard, this property is ready for someone with the vision to bring it to life! A significant amount of work has already been completed, with the front unit well on its way to being renovated. Recent improvements include new PVC sewer piping, updated electrical runs, new PEX plumbing in the front bathroom and kitchen, and new vinyl flooring in the front unit. Even better? All existing renovation materials are included in the sale, including brand-new kitchen cabinets ready for installation! Whether you're looking to expand your investment portfolio or take on your next renovation project, much of the groundwork has already been laid. Bring your finishing touches and unlock the potential this property has to offer! PROPERTY SOLD AS-IS. ALL ON-SITE MATERIALS INCLUDED IN SALE. CASH ONLY SALE.
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: 100% down | |
|---|---|---|
| At closing | ||
| Qualifies as entered | No | |
| Buyer down payment | $69,500 (100%) | |
| Loan at closing | $0 | |
| Cosmetic renovation, rough estimate* | We fund $129,735 | |
| Total loan | $129,735 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($1,946) | |
| Appraisal | Required | |
| Estimated monthly interest | $1,054 at full draw | |
| Cash to close, rough estimate | $75,836 | |
Rough estimates at the list price of $69,500 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.
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Cash or hard money only"Cash or hard money financing only."
Cash or hard money only"Cash Only."
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