Cash or hard money only"Cash buyers only."
Listing photoValrico, FL 33596 · MLS TB8551070
"Cash or Hard Money Only!"
3609 Casaba Loop is a 4-bedroom, 2-bath home in Valrico, Florida listed at $267,900 with 1,719 square feet, built in 1979. 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 ($26,790), we fund the $77,355 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. See every hard money opportunity in Florida or our Florida hard money lending page.
From the listing. Cash or Hard Money Only! Great opportunity for investors or first time home buyers! EXCELLENT INVESTMENT, UPSIDE POTENTIAL! With some renovations and TLC this property can make you money, either renting or re-selling it. SEND HARD MONEY PRE-APPROVAL LETTER OR PROOF OF FUNDS, PROPERTY SOLD "AS IS" WITHOUT REPAIR OR WARRANTY. SELLER HAS NO KNOWLEDGE OF PROPERTY HISTORY, NO DISCLOSURES OR ASSOCIATION DOCS SUPPLIED.
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 | $26,790 (10%) | |
| Loan at closing | $241,110 | |
| Cosmetic renovation, rough estimate* | We fund $77,355 | |
| Total loan | $318,465 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($4,777) | |
| Appraisal | Required | |
| Estimated monthly interest | $2,588 at full draw | |
| Cash to close, rough estimate | $35,957 | |
Rough estimates at the list price of $267,900 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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