TABS Investments
7907 Zenobia St
Westminster, CO 80030
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About TABS Investments
TABS Investments is hard money lender headquartered in Westminster, CO. They offer loans throughout Colorado. They offer loans for a variety of needs and situations, including bridge loans, fix-and-flip hard money loans, and hard money loans for commercial properties. They offer loans on numerous property types, including single family homes, multi family residences, apartments, office units, retail spaces, storage facilities, mixed use buildings, and undeveloped land.
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Loan Types Offered: Fix and Flip Loans, Commercial Hard Money Loans, Bridge Loans
Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Storage, Mixed Use, Land
Areas Served: CO
Licenses: Colorado License #100052579, NMLS ID 1210695
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Lending Guidelines for TABS Investments
Below are the general loan guidelines published on the TABS Investments website. Please confirm all terms and rates directly with the lender.
Fix and Flip Loans
Loan Amounts: N/A
Available Rates: N/A
Typical Terms: N/A
Points Charged: N/A
Max Loan-to-Value (LTV): N/A
Max Loan-to-Cost (LTC): N/A
Owner Occupied Allowed: N/A
Interest Only Loans: N/A
Prepayment Penalties: N/A
Minimum FICO Score: N/A
Time to Close: N/ACommercial Hard Money Loans
Loan Amounts: N/A
Available Rates: N/A
Typical Terms: N/A
Points Charged: N/A
Max Loan-to-Value (LTV): N/A
Max Loan-to-Cost (LTC): N/A
Owner Occupied Allowed: N/A
Interest Only Loans: N/A
Prepayment Penalties: N/A
Minimum FICO Score: N/A
Time to Close: N/ABridge Loans
Loan Amounts: N/A
Available Rates: N/A
Typical Terms: N/A
Points Charged: N/A
Max Loan-to-Value (LTV): N/A
Max Loan-to-Cost (LTC): N/A
Owner Occupied Allowed: N/A
Interest Only Loans: N/A
Prepayment Penalties: N/A
Minimum FICO Score: N/A
Time to Close: N/A -
Loan Examples
The following loans are for education purposes only. They do not represent actual loans executed by TABS Investments.
Loan Example 1
Chester finds a duplex in Denver, CO to remodel and resell. Since he does not have enough cash available to buy the $200,000 project outright, he takes out a hard money loan from TABS Investments. As the lender agrees to a 65% loan to value, Chester will be required to put 35% down so the total amount of the note will be $130,000. The note is interest-only, with monthly payments, and is for 6 months at 8% interest with 4 origination points paid at the closing.
Chester must bring a total of $32,400 up front to pay the $70,000 down payment plus the $5,200 origination fee. The monthly interest-only payments will then be $867 to TABS Investments. If Chester meets his goal of a $250,000 sales price at the end of the loan term, he would earn a gross profit of $39,600 after repaying the principle on the note and subtracting the money he paid at closing, the origination fee, and the total interest payments.
Loan Example 2
Kyle takes a private money loan from TABS Investments in order to remodel a property to flip in Denver, CO. The loan has the following parameters:
a) A $350,000 sales price, b) a 60% loan-to-value (LTV), c) a 12 month term, d) a 12% interest rate, and e) a 5% origination fee.
Based on a $420,000 sales price at the end of the 12 month term, the final numbers for the deal would look like the following:
$420,000 sales price
- $210,000 principle (60% LTV)
- $140,000 cash paid at closing (40% on 60% LTV)
- $10,500 origination points (5% of the $210,000 principle amount)
- $25,200 interest payments (12 months x 12% interest)
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= $34,300 total profit (doesn't include taxes or rehab costs) -
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