I live in Denver colorado and am curious if anyone has has any luck with a lender that could make that work. 

This definitely depends on where you are (I am assuming a larger state), but I will use Colorado for example because thats where I am. 

Have to agree with @David Barnett and @Mark Fries, if you are an investor you are a business person, i do not know your project and what is involved, but just your attitude in this post tells me i would not want to do work for you and would jack up my price pretty high if i knew i had to deal with you. part of the pricing difference goes into the "illegal" contractor, not a registered co with no insurance i am sure and no payroll to speak of, because any help he will have is paid in cash. there are costs to run a construction co and it is not cheap, just to step in your door on day one to start any work those costs can be as much as $500. i am not agreeing that $10,000 is a fair price, especially if it is just a shower, but you can not compare a licensed contractors price to someones price that just does not care to work legally.

I intend to use the LOC to pay for rehabilitation, down payment, and/or holding costs that will be necessary to buy, rehabilitate, and then immediately resell residential properties for profit in Colorado Springs, Colorado.

Any of the books authored by the Bigger Pockets team with their co-writers, including myself, will do just fine.What exactly will you be doing with your new firm? 

These commissions will be around $100k, split 50% to the Co-Broker and then split 50% to the Salesperson.

( In case I have a missed connection or you'd just like to connect, feel free to reach out - I am the CO RE broker who specializes in STR/Vacation & Investment properties + owns a unique themed STR :)

With that said, for my friends first flip he contacted a co-worker and was able to access money from the friends IRA. 

You also don't have to deal with deductible or co-insurance if your tenant's insurance pay for a small kitchen fire.

TSP walls, prime with killz (they actually have a water based product now called Restorer that I’ll be trying soon, so much nicer than oil based and my friend who owns a restoration co suggested it), paint.