Listing photoVentura, CA 93004 · MLS V1-38775
"Bring your vision and creativity to this spacious two-story fixer offering a versatile floor plan and plenty of potential to make it your own."
243 Pajaro Ave is a 3-bedroom, 2-bath home in Ventura, California listed at $759,900 with 2,025 square feet, built in 1963. 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 ($75,990), we fund the $91,125 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. 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. Bring your vision and creativity to this spacious two-story fixer in Ventura offering a versatile floor plan. Three downstairs bedrooms, flexible bonus room upstairs, fireplace, vaulted ceilings.
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 | Option 1: 35% down | Option 2: 10% down |
|---|---|---|
| At closing | ||
| Qualifies as entered | Yes | Yes |
| Buyer down payment | $75,990 (10%) | $265,965 (35%) |
| Loan at closing | $683,910 | $493,935 |
| Cosmetic renovation, rough estimate* | We fund $91,125 | Buyer pays $91,125 |
| Total loan | $775,035 | $493,935 |
| Rate, interest only | from 9.25% | 10.5% |
| Points | 1.5 ($11,626) | 1.5 ($7,409) |
| Appraisal | Required | None |
| Estimated monthly interest | $5,974 at full draw | $4,322 |
| Cash to close, rough estimate | $92,006 | $273,374 |
Rough estimates at the list price of $759,900 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. 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.
More hard money deals in Ventura All California opportunities Hard money lender in California Fix and flip loans Every live opportunity
Cash or hard money only"CASH OFFERS ONLY, NO FINANCING"
Cash or hard money only"Cash buyers only - bring your contractor and make your offer!"
Cash or hard money only"Cash or hard money only."
Get pre-qualified in one call and write your offer with the financing already lined up.
