Investment Opportunity · Hard Money Financing

4061 Fs Rd 4832Snoqualmie Pass, Washington

Snoqualmie Pass, WA 98068 · MLS 2270098

List price
$99,900
1 bd / 1 ba
Bedrooms / baths
1,056 sq ft
Living area
1944
Year built
20,891 sq ft
Lot

"Cash-only sale due to Forest Service lease and non-conforming aspects."

Listed by Jeffrey McCann John L. Scott, Inc. DRE #19157 · (425) 541-1755

4061 Fs Rd 4832 is a 1-bedroom, 1-bath home in Snoqualmie Pass, Washington listed at $99,900 with 1,056 square feet, built in 1944. 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 ($9,990), we fund the $47,520 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. See every hard money opportunity in Washington or our Washington hard money lending page.

01 - Price This Property

Hard money financing on 4061 Fs Rd 4832: 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 $99,900
State WA

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$9,990 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 $16,441
Loan at closing $89,910
Rate, interest only from 9.75%
  • 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

4061 Fs Rd 4832 priced at the list price.

ItemFix and flip: 10% down
At closing
Qualifies as enteredYes
Buyer down payment$9,990 (10%)
Loan at closing$89,910
Cosmetic renovation, rough estimate*We fund $47,520
Total loan$137,430
Rate, interest onlyfrom 9.75%
Points1.5 ($2,061)
AppraisalRequired
Estimated monthly interest$1,117 at full draw
Cash to close, rough estimate$16,441

Rough estimates at the list price of $99,900 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 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.

We are the lender, not the listing agent. This property is listed by Jeffrey McCann, John L. Scott, Inc. ((425) 541-1755). To see it or make an offer, contact Jeffrey 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 Snoqualmie Pass All Washington opportunities Hard money lender in Washington Fix and flip loans Every live opportunity

Nearby

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3 bedroom home for sale in Elma, WACash or hard money only
Street address with a free account
$179,500
3 bd · 2 ba · 1,344 sq ft · Built 1981

"FIX AND FLIP OPPORTUNITY — CASH ONLY!"

Pricing and profitability Sign in to see
Renovation estimate, rough $60,480
Listed by Alicia Fulton, Oak & Stone Realty Group LLC

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