Denver, CO

$150,000

Single Family Residence

Purchase

08/27/2019
Transaction by
ARCH Bridge Loans, LLC
The acquisition price was $215,000 and the buyer will invest 50k to resell for 400k. This property is structurally sound, but it needs upgrades throughout. This was a seamless funding aided by the borrowers’ gold status. Gold status provides the borrower a line of credit which allows for 100% of the purchase and future rehab costs.