Listing photoGolden, CO 80403 · MLS 5983070
"This property will not qualify for conventional financing."
10637 Twin Spruce Rd is a 2-bedroom, 1-bath home in Golden, Colorado listed at $199,000 with 542 square feet, built in 1930. The seller is asking for cash or hard money, so it is priced here on our fix and flip loan: an investor with 1 to 2 completed projects and a 740 score puts 10% down ($19,900), we fund the $59,620 renovation estimate in draws, and the loan closes in 2 weeks. The down payment steps with experience, credit and the size of the renovation. See every hard money opportunity in Colorado or our Colorado hard money lending page.
From the listing. Escape to your own private mountain getaway just a short drive from Golden, Boulder and Arvada! This unique cabin offers rustic charm and modern conveniences, featuring electricity, internet access, a wood-burning fireplace and incinerating toilet. No well or septic system. Cash or seller financing only.
Preset with the list price and our rough renovation estimate. Change your score, your experience, the budget or the after-repair value and the numbers below move with them. Nothing is pulled and nothing is saved.
| Item | Fix and flip: 10% down | |
|---|---|---|
| At closing | ||
| Qualifies as entered | Yes | |
| Buyer down payment | $19,900 (10%) | |
| Loan at closing | $179,100 | |
| Full renovation, rough estimate* | We fund $59,620 | |
| Total loan | $238,720 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($3,581) | |
| Appraisal | Required | |
| Estimated monthly interest | $1,940 at full draw | |
| Cash to close, rough estimate | $27,871 | |
Rough estimates at the list price of $199,000 for a 740 score and 1 completed project. This is not a commitment to lend.
*Every figure on this page is a rough estimate. The renovation budget is a super rough placeholder at $110 per sq ft, not a bid or an inspection; get your own contractor numbers before you offer. Indicative estimate for discussion, not a commitment to lend. Business-purpose loans to investors only; final terms are set at submission. Fix and flip loans are sized on an appraisal and must stay under 75% of after-repair value. 10% down is for experienced investors; first-time flippers put 20% down. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.
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Hard money welcome"Cash or commercial financing preferred."
Get pre-qualified in one call and write your offer with the financing already lined up.
