14063 Burning Tree Dr, Victorville, CA: 2-bedroom, 2-bath for sale, listing photoListing photo
Investment Opportunity · Hard Money Financing

14063 Burning Tree DrVictorville, California

Victorville, CA 92395 · MLS SB26207605

List price
$220,000
2 bd / 2 ba
Bedrooms / baths
1,217 sq ft
Living area
1964
Year built
7,000 sq ft
Lot

"Probate Sale with Full Authority (IAEA): There is NO court confirmation or overbid required. Property is sold strictly AS-IS."

Listed by Pamela Gillett Scott Anastasi Realty, Inc. DRE #01311607 · (310) 283-6973

14063 Burning Tree Dr is a 2-bedroom, 2-bath home in Victorville, California listed at $220,000 with 1,217 square feet, built in 1964. 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 ($22,000), we fund the $133,870 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. 2-bed, 2-bath property backing to Green Tree Golf Course, 1,217 sq ft, needs a complete remodel from top to bottom including roof evaluation and repairs. Probate Sale with Full Authority (IAEA), no court confirmation or overbid required. Property is sold strictly AS-IS.

01 - Price This Property

Hard money financing on 14063 Burning Tree Dr: 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 $220,000
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 $110 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, high-score terms
  2. 2. Your experience1 to 2 projectsTier 2: 10% down
  3. 3. Down payment10% down$22,000 at closing
You qualifyAt a 740 score with 1 completed project, you qualify for 10% down on this property with the renovation funded.
Option 1 - Close in 3 days

35% down

No appraisal. Closes like cash.

Cash to close, rough estimate $79,145
Loan at closing $143,000
Rate, interest only 10.5%
Why not. At 35% down the loan would be $143,000, under the $250,000 minimum on the 3-day program.
Option 2 - Fix and flip, experienced

10% down

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

Cash to close, rough estimate $31,368
Loan at closing $198,000
Rate, interest only from 9.25%
  • A 740 or better score on a purchase under $750,000 gets the high-score terms: the loan can reach 90% of after-repair value instead of 75%.
  • Experience Tier 2 on 1 completed project in three years: 10% down, 100% of the renovation funded.
02 - The Numbers at Closing

14063 Burning Tree Dr priced at the list price.

ItemOption 1: 35% downOption 2: 10% down
At closing
Qualifies as enteredYesNo
Buyer down payment$22,000 (10%)$77,000 (35%)
Loan at closing$198,000$143,000
Full renovation, rough estimate*We fund $133,870Buyer pays $133,870
Total loan$331,870$143,000
Rate, interest onlyfrom 9.25%10.5%
Points1.5 ($4,978)1.5 ($2,145)
AppraisalRequiredNone
Estimated monthly interest$2,558 at full draw$1,251
Cash to close, rough estimate$31,368$79,145

Rough estimates at the list price of $220,000 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 $110 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 Pamela Gillett, Scott Anastasi Realty, Inc. ((310) 283-6973). To see it or make an offer, contact Pamela 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 Victorville All California opportunities Hard money lender in California Fix and flip loans Every live opportunity

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$200,000
3 bd · 1 ba · 1,146 sq ft · Built 1952

"Cash offers or hard money financing preferred due to the property's current physical and regulatory condition."

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Renovation estimate, rough $126,060
Listed by Sandy Johnston, SANDY JOHNSTON BROKER
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$340,000
3 bd · 2 ba · 2,294 sq ft · Built 1964

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Renovation estimate, rough $252,340
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