Deal Details
Private Loan Type
Purchase
Approx. Funding Date
01/31/2018
Property Type
Single Family Residence
Property City
Denver
Property State
CO
Lien Type
1st Mortgage
Payment Type
Interest Only
Deal Summary
TABS, a hard money lender based in Colorado, funded a $315,000 1st lien position bridge loan for the acquisition of a single-family home in South Denver, Colorado. The Borrower needed hard money for a quick purchase. They completed a minor rehab and rented the home then refinanced the hard money loan out. This SFR hard money loan was funded in January 2018.