187 E 6th St, Edgard LA - Owner Finance Home
Owner Finance

187 E 6th St

Edgard, LA 70049

🛏️

5

Bedrooms

🚿

2

Bathrooms

📏

2,100

Sq Ft

📅

2020

Year Built

About This Property

Perfect opportunity for investors, contractors, or buyers looking to create a custom home without the custom-home price. This partially completed raised home in Edgard offers approximately 2,101 sq ft of living area with a planned 5-bedroom, 2-bath layout and gives the next owner the opportunity to finish the home to their own style, needs, and vision. Want a new construction home built to your needs here is a perfect opportunity. Ask your lender about an FHA 203K to finance your purchase AND construction of this home built to your standards. Major components are already completed, including the roof, exterior siding, windows, exterior doors, interior framing, and electrical. HVAC equipment and select flooring/tile materials are not installed but will convey with the sale. This may be an ideal project for a buyer wanting to complete a home with their own finishes or for an investor looking for a renovation opportunity. Buyers interested in financing should speak with their lender about renovation loan options, including FHA 203(k), which may allow qualified buyers to finance both the purchase and renovation with as little as 3.5% down. Cash, renovation, construction, or other specialty financing may be required due to the current stage of completion. Buyer to verify loan eligibility, permits, inspections, square footage, materials, completion requirements, and all property information. Seller may entertain seller financing with well qualified investors with a proven track record. This home is perfect for someone with vison. Great opportunity for a homeowner to have a custom built home as a starter home, or for an investor to flip, rent, or BRRRR. Close to historical sights attracting visitors this home could make a perfect short term rental. Note the photo showing a finished living room and kitchen is an AI creation of what the home could look like at completion of construction and does not show the home in its current unfinished condition.

Property Details

Property Type

Single Family

Year Built

2020

HOA

None

Listed Price

$54,977

Owner Financing Terms

Why Owner Financing?

  • No bank qualifying
  • Bad credit OK
  • Fast closing
  • Flexible terms
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Frequently Asked Questions About Owner Financing in Edgard

What is owner financing for 187 E 6th St?

Owner financing means the seller of 187 E 6th St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Edgard, LA is available with owner financing terms.

Do I need good credit for owner financing?

No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.

How much is the down payment for this Edgard home?

Down payment terms are negotiable. Sign up for free to get the specific financing details for this Edgard property.