Hard money welcome"Cash or rehab financing only."
Listing photoFall River, MA 02720 · MLS 73565216
"CASH OR PRIVATE MONEY ONLY — AS-IS SALE."
3325-L N Main St is a 6-bedroom, 4-bath home in Fall River, Massachusetts listed at $299,900 with 2,358 square feet, built in 1894. 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 ($74,975), we fund the $259,380 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 Massachusetts or our Massachusetts hard money lending page.
From the listing. CASH OR PRIVATE MONEY ONLY — AS-IS SALE. Large two-family in the North Main area with serious value-add potential. Each unit offers a 3-bedroom, 2-bath layout with a big yard and a two-bay garage — rare features that make this an ideal flip or rental project. The property needs a full renovation, but major components are already in place, including a new electrical service for the house and units, plus gas heating with both a furnace and a boiler in the basement. This is a true contractor special and will not qualify for traditional financing. The home is being sold strictly AS-IS, and buyers are responsible for all due diligence. At this price, the upside is clear for investors who know how to turn a heavy-lift project into long-term equity or high rental income.
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 | $74,975 (25%) | |
| Loan at closing | $224,925 | |
| Full renovation, rough estimate* | We fund $259,380 | |
| Total loan | $484,305 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($7,265) | |
| Appraisal | Required | |
| Estimated monthly interest | $3,935 at full draw | |
| Cash to close, rough estimate | $86,630 | |
Rough estimates at the list price of $299,900 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 $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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Hard money welcome"Cash or rehab financing only."
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