Fix and Flip Loan for SFR in Denver, Colorado

Funded by TABS, LLC

$120,000

Deal Details

Private Loan Type

Residential Fix and Flip

Approx. Funding Date

02/15/2018

Property Type
Single Family Residence
Property City

Denver

Property State

CO

Lien Type

1st Mortgage

Payment Type

Interest Only

Purchase Price

$235,000

Renovation Budget

$30,000

Deal Summary

TABS, a hard money lender based in Colorado, funded a $120,000 1st lien position fix and flip loan for a single-family home in Denver, Colorado. The SFR was purchased in December 2017 for $235,000; Rehab was $30,000. The Borrower requested a loan of $120,000. The Borrower and the property would have qualified for a higher loan amount. The property sold in February 2018 for $320,000. This SFR fix and flip loan was funded in February 2018.

Funded By

TABS, LLC

Westminster, CO | Family Owned and Operated Hard Money Lender for Colorado