Listing photoColumbus, OH 43219 · MLS 226032154
"Great opportunity for investors or buyers."
2328 Middlehurst Dr is a 2-bedroom, 1-bath home in Columbus, Ohio listed at $120,000 with 840 square feet, built in 1952. 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 ($30,000), we fund the $92,400 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 Ohio or our Ohio hard money lending page.
From the listing. Great opportunity for investors or buyers. Recent improvements include a roof less than 4 years old and a newer front porch, adding value and enhancing the home's curb appeal. Walking distance from South Mifflin Elementary School, located on a very quiet street. The property also features a huge yard with plenty of outdoor space, making this a great opportunity for an investor looking to add a solid property to their portfolio or a buyer looking for a home that needs some TLC.
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: 25% down | |
|---|---|---|
| At closing | ||
| Qualifies as entered | Yes | |
| Buyer down payment | $30,000 (25%) | |
| Loan at closing | $90,000 | |
| Full renovation, rough estimate* | We fund $92,400 | |
| Total loan | $182,400 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($2,736) | |
| Appraisal | Required | |
| Estimated monthly interest | $1,482 at full draw | |
| Cash to close, rough estimate | $37,126 | |
Rough estimates at the list price of $120,000 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.
More hard money deals in Columbus All Ohio opportunities Hard money lender in Ohio Fix and flip loans Every live opportunity
Cash or hard money only"CALLING ALL INVESTORS! Cash or Hard Money Only, AS-IS."
Investor special"This 1-story home features 3 bedrooms and with a functional layout offering plenty of potential."
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