Frequently Asked Questions
Welcome to the Fix & Flip Loan FAQs section for Colorado Best Fix and Flip Loans — your trusted partner for Colorado construction loans for investors. Below you'll find answers to the most common questions we receive about our ground-up construction financing programs across Colorado.
We fund a wide range of projects including single-family homes, duplexes, triplexes, fourplexes, townhomes, and small-to-mid-size multifamily developments. Whether you’re building in Denver, Aurora, Boulder, or rural Colorado, we can provide capital.
Our construction loans are designed for:
– Real estate investors
– Builders and developers
– LLCs or corporations
– First-time developers with strong project teams
You don’t need perfect credit or W-2 income to qualify.
Our typical timeline:
– Pre-approval: 1 hour
– Underwriting: 1–2 business days
– Funding: 5 business days after approval
To get started, you’ll need:
– Construction plans or scope of work
– Purchase contract or proof of land ownership
– Project budget
– Contractor license and insurance
– Exit strategy (sale, refinance, rental)
We offer LTC ratios up to 85%, meaning you’ll need to contribute a down payment of 10% or more depending on project risk and location.
Yes. All our Colorado construction loans for investors are interest-only during the construction period. This keeps your monthly payments low while the project is underway.
We release draws in stages, based on construction progress. An inspector will verify completed work before funds are disbursed. Typical draw stages include:
– Land acquisition (if needed)
– Foundation
– Framing
– Mechanical (plumbing, electrical, HVAC)
– Final finishes
Yes. If you’re purchasing a lot and planning to build immediately, our loan can cover both land acquisition and construction costs.
We offer construction loans from $100,000 to over $50,000,000, depending on project scope, location, and borrower experience.
Experience is helpful but not mandatory. We work with both seasoned developers and first-time builders as long as they have a qualified general contractor and a solid project plan.
We lend statewide, including:
– Denver
– Colorado Springs
– Aurora
– Boulder
– Fort Collins
– Grand Junction
– Greeley
– Pueblo
Absolutely. Our local advisors are available to answer your questions and walk you through the process. Visit our contact page or call (800) 664-7505.