Can Brittco fund a flip or a double close in Colorado?
Yes. In Colorado, Brittco funds the purchase in a double close, a fix and flip with rehab draws, and a short-term loan on investment property.
Brittco Capital, Inc. funds the A-B purchase so you can resell in Colorado. Same-day is 1%. A resale within 7 calendar days is 2%. Fix and flip loans and short-term private money are priced with the property.
Which loans are available in Colorado?
In Colorado, three business-purpose loans cover investment property. Transactional funding pays for the purchase in a double close. A fix and flip loan covers the purchase and the rehab. A private money or bridge loan covers a short hold until a sale or a refinance.
Transactional funding ·Fix and flip loans ·Private money and bridge loans
How does a closing get funded in Colorado?
Colorado double closes are commonly handled by title companies. Ask whether the same closer will receive the transactional wire for the purchase and disburse the resale the same day or within the published window.
Deeds are generally recorded with the clerk and recorder in the county. A same-day sequence is about funding, not about waiting for the first deed to index.
What should you confirm about transfer taxes and recording?
Confirm any Colorado documentary fee with the closer. Brittco’s published fee is only the transactional fee on the amount funded.
How does a double close work in Colorado?
A double close in Colorado uses two contracts: the A-B purchase and the B-C resale. Brittco funds the purchase. The closer on the file records the deeds, collects transfer charges, and orders the wires. Set the closing date with that office before you send the request.
What does a worked fee example look like?
On $150,000, the estimated fee is $1,500 for a same-day close (1%) and $3,000 if the resale closes within 7 calendar days (2%). Estimate only, not a quote.
Fee calculator ·How a double close works ·All states
What questions come up about Colorado?
Can Brittco fund a flip or a double close in Colorado?
Yes. In Colorado, Brittco funds the purchase in a double close, a fix and flip with rehab draws, and a short-term loan on investment property. Same-day transactional funding is 1%. A resale within 7 calendar days is 2%. Fix and flip and private money are priced with the file.
Who typically closes in Colorado?
Colorado double closes are commonly handled by title companies. Ask whether the same closer will receive the transactional wire for the purchase and disburse the resale the same day or within the published window.
How are deeds recorded in Colorado?
Deeds are generally recorded with the clerk and recorder in the county. A same-day sequence is about funding, not about waiting for the first deed to index.
What about transfer taxes in Colorado?
Confirm any Colorado documentary fee with the closer. Brittco’s published fee is only the transactional fee on the amount funded.
What is the estimated transactional fee?
On $150,000, the estimated fee is $1,500 for a same-day close (1%) and $3,000 if the resale closes within 7 calendar days (2%). Estimate only, not a quote.
Fund a flip or a double close in Colorado?
Send the property, the amount, and the two closing dates. Same-day funding is 1%.