2663 Irving StDenver, Colorado

Denver, CO 80211 · MLS 7403988

List price

$750,000

3 bd / 1 ba
Bedrooms / baths: 1,925 sq ft
Living area: 1906
Year built

"Due to the as-is condition, cash or hard money are needed for this home to sell."

Listed by Beth Baker Owens Your Castle Real Estate Inc (303) 550-2941

2663 Irving St is a 3-bedroom, 1-bath home in Denver, Colorado listed at $750,000 with 1,925 square feet, built in 1906. 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 ($75,000), we fund the $86,625 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. West Highlands 3/1 Victorian with 1-car garage on a 4,780 sq ft lot with alley access. Flip, scrape or restore. Due to the as-is condition, cash or hard money are needed.

01 - Price This Property

Hard money financing on 2663 Irving St: what you qualify for.

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.

List price $750,000

State CO

Your credit score, approximate

Type a number, like 720. A ballpark is fine and nothing is pulled. Leave it empty if you have no score.

Investment projects you completed in the last 3 years

Flips, rentals bought and sold, or builds. Decides the down payment.

Renovation budget

Our super rough estimate at $45 per sq ft. Put in your contractor's number if you have one.

After-repair value, if you know it

The loan stays under 75% of it. Leave blank to size on the price alone.

1. Your score740Qualifies
2. Your experience1 to 2 projects10% down at closing
3. Down payment10% down$75,000 at closing

You qualifyAt a 740 score with 1 completed project, you qualify for 10% down on this property with the renovation funded.

Fix and flip, experienced

10% down

We fund 100% of the renovation. Closes in 2 weeks.

Cash to close, rough estimate $90,814

Loan at closing $675,000

Rate, interest only from 9.75%

With one or two completed projects in three years and a light (up to a quarter of the price) renovation: up to 90% of the price at closing and 100% of the renovation.
Add an after-repair value to confirm the total: the loan is also capped at 70% of it.

02 - The Numbers at Closing

2663 Irving St priced at the list price.

Item		Fix and flip: 10% down
At closing
Qualifies as entered	Yes
Buyer down payment	$75,000 (10%)
Loan at closing	$675,000
Cosmetic renovation, rough estimate*	We fund $86,625
Total loan	$761,625
Rate, interest only	from 9.75%
Points	1.5 ($11,424)
Appraisal	Required
Estimated monthly interest	$6,188 at full draw
Cash to close, rough estimate	$90,814

Rough estimates at the list price of $750,000 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 $45 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 takes a 740 score or a deeper track record; a first flip under 720 puts 25% down. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.

We are the lender, not the listing agent. This property is listed by Beth Baker Owens, Your Castle Real Estate Inc ((303) 550-2941). To see it or make an offer, contact Beth directly, or work with your own buyer's agent. The numbers on this page are simply what our financing would look like on this property. Viewing them is not a commitment to borrow from us, and you are free to finance the purchase however you choose. We do not represent buyers or sellers.

Request the Term Sheet Call (323) 304-4978

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