Hard Money Loan for Denver Fix and Flip
Denver Fix and Flip- Front
Denver Fix and Flip- Back
A borrower came to us needing a short-term loan for a $435,000 purchase of a Denver Fix and Flip home. He was planning on putting $100.000 into renovations and selling the home for $625,000 in 3 months.
The renovations include new paint and flooring in the four bedrooms and the rest of the house. The kitchen will be completely upgraded with new custom cabinets, granite counter tops, new sinks and high end appliances. The four bathrooms will be remodeled with new cabinets, sinks, showers, toilets and a new half bath will be added in the new finished basement. The electrical will be updated as well as a new water heater, HVAC and lighting installed. The exterior of the home will get new paint and landscaping. The home is valued at $625,000 after renovations and the borrower should have no problem selling this home quickly in this market!
TNS Loans is a private hard money lender based in Littleton, CO. TNS Loans focuses on loans which don’t meet bank guidelines including fix and flip loans, bridge loans and commercial loans. TNS Loans cannot lend on owner-occupied properties but can provide referrals to conventional lenders if that is what you need. Please call us today at 303-539-3000 to discuss how we can help you get the funds you need quickly!