Hard Money Loan in St. Paul, Minnesota on a Fix and Flip
TNS Loans has successfully funded another Fix and Flip in St. Paul, Minnesota. Purchased for $100,000.00, this home will undergo a $32,000.00 renovation to bring it up to date. TNS Loans was able to lend $133,000.00 to cover the purchase and renovation of this home. Once completed it is expected to list for $197,000.00. The kitchen will receive new cabinets, counter tops, and back splash, as well as new appliances and light fixtures. The main floor bathroom tub will be resurfaced, new toilet, vanity and mirror. New floor tiles, as well as a tile surround will be added to the shower. New toilet, towel rack, and light fixtures will be added. The full bathroom upstairs will undergo the same renovations as the main floor bath. Basement will be finished and will add an additional 680 sqft to the property. Minor improvements will be made to the exterior, replacement of shingles, grading, and a door step rail will be added.
Bedrooms: 4 Bathrooms: 2 Sqft: 2,020 Type: Single Family Year built: 1961
TNS Loans and Hard Money Mike were able to fund the purchase of this house within a few days. We specialize in these types of Fix and Flip loans as well Hard Money Fix & Flip, Bridge and Construction loans. We do not lend on owner-occupied but can refer you to someone who can. TNS is an equity-based lender located in Littleton, CO. Give us a call and we can discuss how we can help you! 303-539-3000