5744 Nina Way, Sacramento, CA: 3-bedroom, 2-bath for sale, listing photoListing photo
Investment Opportunity · Hard Money Financing

5744 Nina WaySacramento, California

Sacramento, CA 95824 · MLS 226120405

List price
$360,000
3 bd / 2 ba
Bedrooms / baths
1,349 sq ft
Living area
1943
Year built
6,342 sq ft
Lot

"CASH ONLY. *Short sale subject to lender approval.* Known property conditions include nonfunctioning heating and air-conditioning systems, foundation cracking, damaged condensate pan, nonfunctioning dishwasher. Bring your contractor, vision and personal touch to this property! Dog is not included in sale."

Listed by Savannah Hurst eXp Realty of California Inc. DRE #02077573 · (916) 471-9119

5744 Nina Way is a 3-bedroom, 2-bath home in Sacramento, California listed at $360,000 with 1,349 square feet, built in 1943. 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 ($36,000), we fund the $60,705 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. 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. CASH ONLY. Short sale subject to lender approval. Known property conditions include nonfunctioning heating and air-conditioning systems, foundation cracking, damaged condensate pan, nonfunctioning dishwasher. Bring your contractor, vision and personal touch to this property! 3 bed, 2 bath, 1,349 sq ft single-family home built 1943 on a 6,342 sq ft lot in the Cordova neighborhood of Sacramento.

01 - Price This Property

Hard money financing on 5744 Nina Way: 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 $360,000
State CA

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$36,000 at closing
You qualifyAt a 740 score with 1 completed project, you qualify for 10% down on this property with the renovation funded.
Option 1 - Close in 3 days

35% down

No appraisal. Closes like cash.

Cash to close, rough estimate $129,510
Loan at closing $234,000
Rate, interest only 10.5%
Why not. At 35% down the loan would be $234,000, under the $250,000 minimum on the 3-day program.
Option 2 - Fix and flip, experienced

10% down

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

Cash to close, rough estimate $46,161
Loan at closing $324,000
Rate, interest only from 9.25%
  • 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

5744 Nina Way priced at the list price.

ItemOption 1: 35% downOption 2: 10% down
At closing
Qualifies as enteredYesNo
Buyer down payment$36,000 (10%)$126,000 (35%)
Loan at closing$324,000$234,000
Cosmetic renovation, rough estimate*We fund $60,705Buyer pays $60,705
Total loan$384,705$234,000
Rate, interest onlyfrom 9.25%10.5%
Points1.5 ($5,771)1.5 ($3,510)
AppraisalRequiredNone
Estimated monthly interest$2,965 at full draw$2,048
Cash to close, rough estimate$46,161$129,510

Rough estimates at the list price of $360,000 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.

We are the lender, not the listing agent. This property is listed by Savannah Hurst, eXp Realty of California Inc. ((916) 471-9119). To see it or make an offer, contact Savannah 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.

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

Nearby

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3 bedroom home for sale in Sacramento, CACash or hard money only
Street address with a free account
$375,000
3 bd · 2 ba · 1,576 sq ft · Built 1985

"Great opportunity to bring your vision to life! This single-story, 3-bedroom, 2-bath home offers 1,576 sq. ft. of living space, a great layout, and plenty of potential. Situated on a corner lot, this property is ideal for an investor looking for their next project or a buyer ready to put in some sweat equity and make it their own. Conveniently located near Willie Caston Park and within the Elk Grove Unified School District. Bring your ideas and unlock the potential this home has to offer! Cash or private money financing only sale."

Pricing and profitability Sign in to see
Renovation estimate, rough $70,920
Listed by Desarae Stocking, McGuire Real Estate

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