Fix and Flip Loans in Colorado
Several properties in Colorado need just a little care and remodeling to be worthwhile purchases. However, many homeowners consider these fixer-uppers too much of a hassle and want something move-in ready. That’s where you can gain potential profits. A savvy real estate rehabilitation investor can buy these old properties at an attractive cost, renovate it, and then sell it for profit. At Abbey Mortgage & Investments, we offer fix and flip loans in Colorado to finance such projects.
Fix and Flip Loans in Colorado From Private Lenders
Experienced real estate investors choose private lenders over traditional establishments because the loan application process is more forgiving. Here’s a look at how we can help:
- Loan Despite Bad Credit – Unlike banks and other financial institutions, we don’t look at credit scores, history of bankruptcy or defaults, and current financial situation. Our focus is on the equity of collateral and the potential of your investment property. If the fixer-upper has potential and you have a solid plan of approach, we will approve the loan.
- Fast Approval – Banks require a lot of paperwork and must follow a strict set of guidelines before approving a loan. We have a more straightforward process that allows us to approve loans in a few days instead of taking up to six months.
- Options – We offer a wide range of fix and flip loans in Colorado. You can choose between 90/70%, 80%, and 70% finance options. Discuss these options in detail with our experts to find which one fits your requirements well.
We base all loans on the property’s new and improved value after the renovation is complete.
If you want advice or more information from an experienced professional about a fix and flip loans in Colorado, don’t hesitate to reach out to us at Abbey Mortgage & Investments for a customized plan.