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Deal Details
Private Loan Type
Residential Fix and Flip
Approx. Funding Date
11/30/2018
Property Type
Single Family Residence
Property City
Denver
Property State
CO
Lien Type
1st Mortgage
Payment Type
Interest Only
Purchase Price
$195,000
Renovation Budget
$35,000
Deal Summary
TABS, a hard money lender based in Colorado, funded a $180,000 1st lien position fix and flip loan for a single-family home in North Denver, Colorado. This property was purchased at the end of June 2018 for $195,000 by an experienced flipper. This Borrower requested a hard money loan amount of $180,000. The rehab budget for the property was $35k. The flip took 4 months. The subject property was sold in November 2018 for $365,000. This SFR fix and flip loan was funded in November 2018.
Funded By
TABS, LLC
Westminster, CO | Family Owned and Operated Hard Money Lender for Colorado