Fix & flip funding in Colorado?

[Alex Robins]

I have deals I need to place for single family flip funding. These are in Colorado, in the Denver suburbs of Littleton and Broomfield. I haven't been advertising flip funding the last couple of years but it seems to be coming back strong so I am looking to find the best lending source to complete these. The borrower is experienced, has done 6 flips in Colorado, but his previous lender is switching gears and no longer has a useful bridge loan to flips homes. If anyone has flip funding I would really like to hear about it. Thanks for reading.

[Chad Davis]

Direct balance sheet lender here

[e-mail]

pimlicogroup.com

[Alex Robins]

Thank you Chad. He just made an offer this morning and is awaiting an answer. Property is in Broomfield Co. His offer is $35k below list price because the property needs quite a bit of updating. If it gets accepted I will email you!

[Chad Davis]

You're welcome Alex. Let me know and thanks for the reply.

[WKL David]

When The Big Banks Can't Help, We Can!
Commercial Real-Estate Backed Funding
Longer Terms. Higher Offers.
Loan offers up to $50M.
Lower payments with terms up to 5 years with 30 year amortization.
Current Rates 7.5% - 8.5%

https://davidallencapital.com/?refcode=102714544

[Tammy Boruk]

 Hi Alex,

Please find some of our loan programs including Fix and Flip Funding bellow:

Fix and Flip loans -the easiest program in the country!
Receive your term sheet today (within 24 hours).
Fix& Flip program 1
Program highlights:
Loan Amounts: $100K - $2M
Payment: Interest Only
LTC: Up to 85%
LTV: Up to 70%
Credit Score: No minimum
NO Appraisal Required
Financing for purchase and renovation costs.
Geography: Nationwide (except AZ, MN, NV, NY, SD, and UT
Fix and Flip program 2:
Up to 100% ltc for PP and 100% rehab, ( full doc program)
Fix and Flip program 3:
90% of PP and 100% Rehab
Appraisal required.

We work with brokers.

Please send your loan summary to [e-mail]

www.amerifundalternativeloans.com

Tammy Boruk

Senior Vice President

T: 646 812 7812

[Alex Robins]

Thanks to all 3 of you for your replies to this request. The investor put in an offer yesterday on the Broomfield, Co. property. Turns out his offer was one of 4, and they have accepted a higher offer. That property is now out. He will be looking at the Littleton property on Friday. It is an off market 4/2. This property needs about $50k to $55k in rehab. Needs a new roof, windows, interior paint, and landscaping. Seller is asking $470k. If they can come to an agreement then I will need to place this loan with one of you because I do not currently have a good source to finance flips. I will message if we move forward. Thanks again.

[WKL David]

Commercial Real-Estate Backed Funding

https://davidallencapital.com/?refcode=102714544

Longer Terms.  Higher Offers.

Loan offers up to $50M.

Lower payments with terms up to 5 years with 30 year amortization.

Current Rates 7.5% - 8.5%*.