Looking for private money lenders for Colorado Deal

[Ted DeKowzan]

I currently have a property under contract in Arvada Colorado. If you're not familiar with this area it's about 30 minutes from Downtown Denver and 20 minutes from Boulder. It's a great area with good schools and a lot of new development. There are a lot of higher end homes and small horse properties in the area.

The property is in bad shape but the bones are there. It's a 3200 sqft above grade house that sits on approximately 2 acres.The interior need a total gut and remodel but the layout is nice. There is an issue with mold in the basement which will need to be remediated, although I'm planning on leaving it unfinished. The exterior of the house needs paint but the siding and roof are in decent shape. There is some site grading and possible drainage work that needs be done as well.

I have the property under contract for $325K and the comps are supporting a $675K ARV. I'm currently getting bids on the project and trying to nail down a good budget to complete the work.

I'm reaching out to private money and hard money lenders that would be interested in funding this project and similar projects. I would like to build a working relationship where both parities are comfortable with the projects. I have great credit and some reserves I can bring to the table.

Please let me know if this project fits your parameters and what type of loan packages you can offer. Any information on interest rates, points, fees, terms and percentages would be very helpful. If you have any questions please don't hesitate to contact me. I look forward hearing from you and hopefully we get the chance to work together.

-Ted DeKowzan