April 17, 2018

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Hard Money Loan in Colorado Springs, Colorado

Hard Money Loan in Colorado Springs, Colorado on a Fix and Flip

TNS Loans has successfully funded a Fix and Flip in Colorado Springs, Colorado. Purchased for $132,000.00, TNS Loans was able to lend $132,000.00 to secure the purchase of this home. The borrower will be funding the $46,000.00 renovation. Renovations will be done to the main residence along with renovations to the rental unit. The main house (1,034 sqft) will be completely renovated to include drywall, paint and flooring throughout. All of the existing interior and exterior doors will be replaced, along with all the windows in the home. A new water heater will be installed, along with fixtures throughout the home. Kitchen will be completely remodeled along with the bathroom. Rental unit renovations will include installation of a new water heater, and flooring throughout the unit. Bathroom will be updated and the roof will be replaced. Exterior landscaping will be completed, along with the installation of a new fence.

 

Property Description

Main Residence: 1,034 sqft   Bedrooms: 2    Bathrooms: 1

Rental Unit: 449 sqft   Bedrooms: 1   Bathrooms: 1

 

 

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

October 19, 2015

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North Denver Fix and Flip Deal

North Denver Fix and Flip Deal.

North Denver Fix and Flip - Front

North Denver Fix and Flip – Front

 

North Denver Fix and Flip - Kitchen

North Denver Fix and Flip – Kitchen

 

North Denver Fix and Flip - Bath

North Denver Fix and Flip – Bath

A borrower came to us with a deal on a 5 bedroom house on 1.79 acres in Berthoud, Colorado. He needed quick funds for the purchase of $320,000 and part of the $120,000 renovation costs. The borrower plans on repairing the roof and installing new gutters around the home. New vinyl windows will be installed as well as new front and patio french doors. A whole new septic system will go in. New concrete driveway, patio and sidewalk will be put in and some landscaping will finish up the exterior. On the inside, he will be replacing the carpet in the bedrooms, putting new tile flooring in the bathrooms and refinishing the original hardwood floors. The kitchen and bathrooms will get a complete remodel with new cabinets, sinks, granite counter tops and top of the line appliances. Once complete, the house will be marketed at $550,000.

TNS Loans lends on properties and to borrowers which conventional banks normally would not. The loans are all short-term and non-owner occupied. So if you are looking for a bridge loan, construction or a quick hard money loan for your next fix and flip project, give us a call at 303-539-3000!

September 29, 2015

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Hard Money Loan for Denver Metro Fix and Flip

Hard Money Loan for Denver Metro Fix and Flip.

Denver Fix and Flip - Front

Denver Fix and Flip – Front

 

Denver Fix and Flip - Kitchen

Denver Fix and Flip – Kitchen

 

Denver Fix and Flip - Bath

Denver Fix and Flip – Bath

 

A borrower came to us looking for a quick loan for the purchase of this beautiful 5 bedroom/3 baths house in the Yorshire Estates located South East of Denver. The purchase price was $405,000 and the renovations estimated at $230,000. TNS Loans was able to fund a hard money loan for the total funds needed of $635,000. The loan was structured in 4 draws to be released as the work would be completed.

The house will be completely remodeled and marketed to sell in 9 months. New hardwood, tile and carpet flooring will be installed. All new interior and exterior door put it as well as new stucco and new interior paint. The roof will be replaced and all new windows. The kitchen will get all new cabinets, granite counter tops, sink and top of the line appliances. The bathrooms will be gutted and replaced with new vanities, sinks, shower/tubs and toilets as well. A new fireplace and HVAC unit will be put in as well. After all the renovations are complete and the landscaping is finished, the house with be staged and put on the market at $850,000. There is no doubt this home will sell quickly!

TNS Loans is a hard money lender located in Littleton, CO. We specialize in fix and flip, bridge and construction loans for non-owner occupied properties. If you need quick funds, give us a call at 303-539-3000. and let’s talk.

September 28, 2015

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Quick Hard Money Loan for Denver Townhouse Fix and Flip

Denver Fix and Flip Front of House

Denver Fix and Flip Front of House

Denver Fix and Flip Kitchen

Denver Fix and Flip Kitchen

Denver Fix and Flip Dining Room

Denver Fix and Flip Dining Room

Quick Hard Money Loan for Denver Townhouse Fix and Flip.

Our borrower found a great deal on a townhouse in Denver’s Pinehurst Country Club but needed funds quickly. TNS Loans funded a hard money loan for $350,000 within a few days to facilitate the purchase and help with part of the renovation costs. The townhouse will need $50,000 in renovations is valued at $500,000 after repairs and we expect the house to sell fast with the current market condition in Denver.

The home will be getting new flooring throughout as well as new paint and all new interior doors. The kitchen will be completely remodeled with new cabinets, sink, and stainless steel appliances including a wine cooler. A wall diving the kitchen from the dining room will be demolished to open up the space. The two bathrooms will get all new shower/bathtub units, granite counter tops, sinks and toilets.

TNS Loans is an equity based hard money lender from Littleton, CO. TNS Loans lends on properties and to borrowers that traditional banks will not. We currently lend on fix and flips, construction, and short-term bridge loans. We cannot lend on owner-occupied properties but can provide referrals if that is what you are looking for. We currently lend in Colorado, Kansas, Missouri, and Minnesota. Please call us at 303-539-3000 and let’s discuss how we can help you.

September 23, 2015

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Bridge Loan for Home near Red Rocks Amphitheater

Bridge Loan for Home near Red Rocks Amphitheater.

Denver Metro Fix and Flip - Front

Denver Metro Fix and Flip – Front

 

Denver Metro Fix and Flip - kitchen

Denver Metro Fix and Flip – Kitchen

 

Denver Metro Fix and Flip - Living Room

Denver Metro Fix and Flip – Living Room

This borrower came to us looking for funds to purchase a 5 bedroom house in Morrison, Colorado. TNS Loans was able to fund a $250,000 for the purchase, with a $35,000 escrow set aside to fix the foundation. His current plan was to hold onto the property for 6 months and get the foundation fixed. Assuming it is fixed at maturity, he will have the option to either refinance into a Fix and Flip loan in which case we will help with the renovation cost, or do another bridge loan awaiting a conventional mortgage loan.

TNS Loans lends on properties and to borrowers which conventional banks normally would not. In essence we are able to be more flexible and can fund a loan in a just a few days. Our specialty is Bridge, Fix and Flip and construction loans. We can only lend on non-owner occupied but if that is what you need, we can always refer you. So please give us a call at 303-539-3000 and let’s talk about what we can do for you.

September 15, 2015

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South Fort Collins Fix and Flip Loan

South Fort Collins Fix and Flip Loan.

South Fort Collins Fix and Flip Front

South Fort Collins Fix and Flip Front

South Fort Collins Fix and Flip Kitchen

South Fort Collins Fix and Flip Kitchen

South Fort Collins Fix and Flip Living Room

South Fort Collins Fix and Flip Living Room

 

This borrower needed quick funds to purchase a fix and flip house in Loveland, Colorado located South of Fort Collins. The purchase price was $204,000 and he will be putting in $30,000 of his own money to fix it up. He is planning to renovate the house and flip for profit in 4 months. The house is a 3 bedrooms/2baths house. He will be re-painting the house inside and out. The carpet will be replaced and new tile put into the bathrooms. The kitchen will get new cabinets, counter tops and appliances. The bathrooms will receive new vanities and sinks along with the new floor tiles. And all interior doors and closet doors will be replaced as well. After the renovation is complete, he will put it on the market to sell at $295,000.

TNS Loans specializes in short-term loans such as this one. We are flexible enough to provide the funds quickly and help you get done with your flip as fast as possible. We cannot lend on owner-occupied properties but can refer you to someone who can. So give us a call at 303-539-3000 and let us help you fund your next deal!

August 18, 2015

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South Fort Collins Construction Loan

South Fort Collins Construction Loan.

Construction Loan In Windsor

Construction Loan In Windsor

A contractor was purchasing a lot in the Pelican Lake Golf Course Estates in Windsor, CO. The purchase price was $75,000 and he needed a 6 months loan to build a SPEC house and sell the property for profit in 6 months. TNS Loans was able to fund the purchase of the land and the majority of the construction costs. He is planning on building a 4 bedroom/3 bath 3,200 sq.ft. house which is estimated to be valued at $420,000. This is a very desirable area with the 27 holes golf course in your own backyard as well as fishing, swimming and boating in the lake.

TNS Loans specializes in loans such as this SPEC construction loan. We cannot lend on owner-occupied but can refer you to someone who does if that is what you are looking for. We are an equity-based lender as opposed to borrower-based as conventional lenders are. That is why we can fund our loans quickly.  We lend on properties and to borrowers which other lender normally would not. So give us a call so we can discuss your options and see how we can help 303-539-3000.

July 22, 2015

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TNS Loans Funds New Construction in Denver Metro

Untitled

Denver Metro Construction Loan

 

Denver Metro Construction Loan 2

Denver Metro Construction Loan House View

 

Denver Metro Construction Loan Basement

Denver Metro Construction Loan Basement

TNS Loans Funds New Construction in Denver Metro.

A contractor needed a supplemental 6 months loan to fund the construction of a 3 bedroom/4 bath house on 2.5 acres in Litteton, CO. The property was already improved with City water, septic and electricity put in place. The foundation of the house had been poured and the flat work done. TNS Loans quickly funded a private money loan for $139,000 to complete the framing, roofing and finish building the house. The as is value was $300,000 and once built the home will be valued at $900,000.

TNS Loans is an equity based hard money lender from Littleton, CO. We lend on properties and to borrowers which conventional banks would normally not lend on. Our loans are all short term and either fix and flip,  bridge loans or in this case, construction loan. We cannot lend on owner – occupied properties but if that is what you are looking for, We can give you good referrals. Give us a call at 303-539-3000 and let’s discuss how TNS Loans can help you!

May 10, 2015

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Pop Top in Denver, CO

Pop Top in Denver, CO

Pop Top in Denver, CO

This private money loan is for $406,000. Purchase price is $267,000 and fix up costs are $130,000. Borrowers plan to pop the top on this Denver home to give it more living space. They will be adding on over 1,300 square foot in back and above to make this little 922 square foot 2 bed 1 bath house into a 2,276 square foot 3 bed 3 bath house and adding a new 2 car garage. This home will get a complete fresh new home appeal. Once again Hard Money Mike with TNS Loans provides a win/win!

Pop Top in Denver, CO

Pop Top in Denver, CO

 

March 27, 2015

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Hard Money Loan by TNS Loans in Lakewood, CO

Hard Money Loan by TNS Loans in Lakewood, CO

Hard Money Loan by TNS Loans in Lakewood, CO TNS provided another Hard Money Loan for a fix n flip in Lakewood! This is a three bed two bath Townhome in Lakewood with an ARV (After Repair Value) of $240k. Loan amount was for $170k. Borrower will be updating kitchen with all new counters, tile flooring, appliances and cabinets. All new baths, doors throughout, carpet, paint and a radon mitigation will also be done. Borrowers should have this on the market by the end of May 2015.     FullSizeRender (2)