Listing photoTulsa, OK 74127 · MLS 2637669
"Construction loan and/or cash only."
1523 W Admiral Blvd is a 2-bedroom, 1-bath home in Tulsa, Oklahoma listed at $85,900 with 672 square feet, built in 1960. 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 ($8,590), we fund the $30,240 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 Oklahoma or our Oklahoma hard money lending page.
From the listing. RENOVATE OR BUILD? YOU DECIDE! Jump on this investment opportunity for the newly renovated area. Located in an established West Tulsa neighborhood near Charles Page Boulevard and Wayman Tisdale Fine Arts Academy. This property sits on an approximately 0.16 -acre lot with convenient access to downtown Tulsa, shopping, dining, and major roadways. Bring your contractor and your vision to evaluate the property's potential for renovation or build your dream home with a quick commute to downtown Tulsa. Whether you're an investor seeking your next project or a buyer ready to take on improvements, this property offers an opportunity to make it your own. Construction loan and/or cash only.
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 | $8,590 (10%) | |
| Loan at closing | $77,310 | |
| Cosmetic renovation, rough estimate* | We fund $30,240 | |
| Total loan | $107,550 | |
| Rate, interest only | from 9.99% | |
| Points | 1.5 ($1,613) | |
| Appraisal | Required | |
| Estimated monthly interest | $895 at full draw | |
| Cash to close, rough estimate | $14,593 | |
Rough estimates at the list price of $85,900 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.
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Hard money welcome"Sold strictly AS-IS. FHA 203k renovation loans or cash buyers only."
Hard money welcome"Bring us an offer! Cash or Construction Loan Only. Sold AS-IS."
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