Listing photoShreveport, LA 71109 · MLS 21255202
"Sold AS-IS."
2952 Desoto Street is a 2-bedroom, 1-bath home in Shreveport, Louisiana listed at $15,000 with 700 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 15% down ($2,250), we fund the $31,500 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 Louisiana or our Louisiana hard money lending page.
From the listing. Investor Special! Sold AS-IS. 2-bedroom, 1-bath single-family home with strong potential in Shreveport. Property needs repairs and updates throughout, making it an ideal rehab opportunity for investors and contractors. Offered as part of a ($110K) package deal with additional listings (MLS#21255197) 2711 Parkridge St and (MLS#21255191) 437 W 75th St; individual sales will be considered. Buyer to verify all information; property sold AS-IS.
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: 15% down | |
|---|---|---|
| At closing | ||
| Qualifies as entered | No | |
| Buyer down payment | $2,250 (15%) | |
| Loan at closing | $12,750 | |
| Cosmetic renovation, rough estimate* | We fund $31,500 | |
| Total loan | $44,250 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($664) | |
| Appraisal | Required | |
| Estimated monthly interest | $360 at full draw | |
| Cash to close, rough estimate | $7,304 | |
Rough estimates at the list price of $15,000 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 $45 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 Shreveport All Louisiana opportunities Hard money lender in Louisiana Fix and flip loans Every live opportunity
Hard money welcome"Cash or renovation financing recommended."
Investor special"This fixer-upper offers the chance to bring your vision to life and maximize its value."
Investor special"The property is being sold as a fixer-upper, and the owner is currently in the process of leveling the home."
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