Investor special"Sold As-Is, Where-is."
Listing photoSan Francisco, CA 94112 · MLS 41148575
"This is a court ordered sale being sold as-is."
70 Liebig St is a 3-bedroom, 2-bath home in San Francisco, California listed at $549,000 with 1,137 square feet, built in 1912. 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 10% down ($54,900), we fund the $187,000 renovation estimate in draws, and the loan closes in 2 weeks. The down payment steps with experience, credit and the size of the renovation. 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. This is a court ordered sale being sold as-is. Attention Contractors and Flippers, here is a terrific opportunity in the Outer Mission! This 4 Bedroom / 2 Bathroom property with approximately 1700 sq ft has some fire damage and is definitely a major Fixer Upper. SB-9 might make this property a good candidate for converting into a Duplex.
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 | $54,900 (10%) | $192,150 (35%) |
| Loan at closing | $494,100 | $356,850 |
| Full renovation, rough estimate* | We fund $187,000 | Buyer pays $187,000 |
| Total loan | $681,100 | $356,850 |
| Rate, interest only | from 9.25% | 10.5% |
| Points | 1.5 ($10,217) | 1.5 ($5,353) |
| Appraisal | Required | None |
| Estimated monthly interest | $5,250 at full draw | $3,122 |
| Cash to close, rough estimate | $69,507 | $197,503 |
Rough estimates at the list price of $549,000 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.
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