Listing photoTampa, FL 33619 · MLS O6452802
"The property requires renovations and is being offered to CASH BUYERS ONLY."
7201 Kingston Dr is a 3-bedroom, 2-bath home in Tampa, Florida listed at $265,000 with 1,201 square feet, built in 1961. 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 ($26,500), we fund the $54,045 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. This property presents an excellent opportunity for investors, contractors, or buyers looking for a renovation project with significant potential. The property requires renovations and is being offered to CASH BUYERS ONLY. Fix-and-flip, investment property, or a home to renovate to personal specifications. Near major roadways, shopping, dining, downtown Tampa and Brandon.
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: 10% down | |
|---|---|---|
| At closing | ||
| Qualifies as entered | Yes | |
| Buyer down payment | $26,500 (10%) | |
| Loan at closing | $238,500 | |
| Cosmetic renovation, rough estimate* | We fund $54,045 | |
| Total loan | $292,545 | |
| Rate, interest only | from 9.99% | |
| Points | 1.5 ($4,388) | |
| Appraisal | Required | |
| Estimated monthly interest | $2,435 at full draw | |
| Cash to close, rough estimate | $35,278 | |
Rough estimates at the list price of $265,000 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. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.
More hard money deals in Tampa All Florida opportunities Hard money lender in Florida Fix and flip loans Every live opportunity Price deals in ChatGPT with our app
Cash or hard money only"Sold AS-IS. Cash or hard money offers only."
Cash or hard money only"Priced to sell quickly, this is a cash-only opportunity for those ready to take on the TLC it needs."
Cash or hard money only"This property represents an excellent investment opportunity once repaired and updated, and it is being sold as-is; cash or hard money..."
Get pre-qualified in one call and write your offer with the financing already lined up.
