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 $137,000.00, TNS Loans was able to lend $165,000.00, to secure the purchase of this home and to also fund a portion of the $40,000.00 renovation. This home will undergo interior and exterior renovations to bring the home up-to date. Once completed it is expected to list for $235,000.00. Exterior updates will include new siding, gutters, and a new roof. Along with new windows being installed throughout the home. Interior, new paint and flooring will be added throughout the home, as well as new doors and trim. Kitchen will receive new cabinets and counter tops, along with new back splash, fixtures and appliances. Both bathrooms will receive new tub/shower, vanity and counter top, faucet for the tub and shower, as well as new light fixtures.
Bedrooms: 3 Bathrooms: 2 Sqft: 1,319 Type: Single Family Year Built: 1955
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