Listing photo1841 Early View DrAnchorage, Alaska
Anchorage, AK 99504 · MLS 26-10940
- 3 bd / 3 ba
- Bedrooms / baths
- 1,824 sq ft
- Living area
- 1981
- Year built
- 7,401 sq ft
- Lot
"Great opportunity to build equity!"
1841 Early View Dr is a 3-bedroom, 3-bath home in Anchorage, Alaska listed at $210,000 with 1,824 square feet, built in 1981. 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 25% down ($52,500), we fund the $200,640 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 Alaska or our Alaska hard money lending page.
From the listing. Great opportunity to build equity! This 3-bedroom fixer-upper offers a spacious family room with a cozy fireplace, large kitchen, and double garage. Enjoy a deck overlooking the fenced backyard with a reserve behind the property and beautiful mountain views. Property needs work. Property is being sold as is.
Hard money financing on 1841 Early View 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.
- 1. Your score740Qualifies
- 2. Your experience1 to 2 projectsTier 2: 25% down
- 3. Down payment25% down$52,500 at closing
- Experience Tier 2 on 1 completed project in three years with a heavy (50% to 100% of the price) renovation: up to 75% of the price at closing, 100% of the renovation funded.
- Keep the renovation at $105,000 or less (half the price) and it prices at 10% down.
1841 Early View Dr priced at the list price.
| Item | Fix and flip: 25% down | |
|---|---|---|
| At closing | ||
| Qualifies as entered | Yes | |
| Buyer down payment | $52,500 (25%) | |
| Loan at closing | $157,500 | |
| Full renovation, rough estimate* | We fund $200,640 | |
| Total loan | $358,140 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($5,372) | |
| Appraisal | Required | |
| Estimated monthly interest | $2,910 at full draw | |
| Cash to close, rough estimate | $62,262 | |
Rough estimates at the list price of $210,000 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. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.
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