41751 Gilwood Ct, Temecula, CA: 4-bedroom, 2-bath for sale, listing photoListing photo
Investment Opportunity · Hard Money Financing

41751 Gilwood CtTemecula, California

Temecula, CA 92591 · MLS SW26158916

List price
$700,000
4 bd / 2 ba
Bedrooms / baths
1,658 sq ft
Living area
1988
Year built
12,196 sq ft
Lot

"Cash only to be accepted on this one, with no repairs being completed per seller."

Listed by Serina Ortiz-Tomlinson First Team Real Estate DRE #01152416 · (951) 805-1115

41751 Gilwood Ct is a 4-bedroom, 2-bath home in Temecula, California listed at $700,000 with 1,658 square feet, built in 1988. 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 ($70,000), we fund the $74,610 renovation estimate in draws, and the loan closes in 2 weeks. The down payment steps with experience, credit and the size of the renovation. 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. Fantastic investment opportunity for this one-story ranch-style home located in central Temecula. Just minutes away from the Temecula Mall. Cul-de-sac location, approx. 1,658 sq. ft. , with 4 bedrooms and 2 baths. Lot size is a flat, usable, pool sixe lot of 12,196 sq. ft. So much potential in this home. Cozy gas fireplace, cool tile, neutral carpet, no solar to deal with. Indoor laundry, 2-car oversized garage with low taxes and no association. A great opportunity. Excellent location, close to schools, shopping, medical, and freeway close. Please call Serina for more information. Property needs TLC, and seller will not be doing any repairs. Home is to be sold as is. Please view the supplements online of the recent professional inspection and termite report that will need to be signed with your offer. Cash only to be accepted on this one, with no repairs being completed per seller. Do not go direct. By appointment only due to occupants. No lockbox; must supply proof of funds prior to appointment being confirmed. Listing agent must attend all showings. No blind offers.

01 - Price This Property

Hard money financing on 41751 Gilwood Ct: 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 $700,000
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
  2. 2. Your experience1 to 2 projectsTier 2: 10% down
  3. 3. Down payment10% down$70,000 at closing
You qualifyAt a 740 score with 1 completed project, you qualify for 10% down on this property with the renovation funded, or 35% down and close in 3 days.
Option 1 - Close in 3 days

35% down

No appraisal. Closes like cash.

Cash to close, rough estimate $251,825
Loan at closing $455,000
Rate, interest only 10.5%
Option 2 - Fix and flip, experienced

10% down

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

Cash to close, rough estimate $84,959
Loan at closing $630,000
Rate, interest only from 9.25%
  • Experience Tier 2 on 1 completed project in three years with a light (up to 25% of the price) renovation: up to 90% of the price at closing, 100% of the renovation funded.
  • No credit score minimum and no appraisal: the desk values the property from recent sales. Renovation is on the buyer. Subject to internal review.
02 - The Numbers at Closing

41751 Gilwood Ct priced at the list price.

ItemOption 1: 35% downOption 2: 10% down
At closing
Qualifies as enteredYesYes
Buyer down payment$70,000 (10%)$245,000 (35%)
Loan at closing$630,000$455,000
Cosmetic renovation, rough estimate*We fund $74,610Buyer pays $74,610
Total loan$704,610$455,000
Rate, interest onlyfrom 9.25%10.5%
Points1.5 ($10,569)1.5 ($6,825)
AppraisalRequiredNone
Estimated monthly interest$5,431 at full draw$3,981
Cash to close, rough estimate$84,959$251,825

Rough estimates at the list price of $700,000 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 Serina Ortiz-Tomlinson, First Team Real Estate ((951) 805-1115). To see it or make an offer, contact Serina 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 Temecula All California opportunities Hard money lender in California Fix and flip loans Every live opportunity

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