Denver Colorado DSCR Rental Loan
Address: Denver, Colorado
Borrower Profile: First-Time Borrower — Real Estate Investor
Purchase Price: $1,450,000
Appraised Value: $1,700,000
Loan Amount: $907,500
Loan Structure: Fully Amortizing 30-Year
Loan Purpose: Cash Out Refinance
DSCR: 1.30
![front - denver co CO Private Money Lender](https://cdn.abl1.net/wp-content/uploads/2024/04/front-denver-co.png)
![back - denver co Denver Rental Loan](https://cdn.abl1.net/wp-content/uploads/2024/04/back-denver-co.png)
Situation:
Asset Based Lending recently funded a DSCR rental loan for a first-time borrower in Denver, Colorado. This investor contacted ABL for a cash out refinance loan for a 2-family property. The property is unoccupied, but once the investor rents the units to tenants, they expect to collect market or above in rent for both units. With a DSCR of 1.30 this property will generate positive monthly cash-flow and contribute to the borrower’s investment portfolio. Half of Denver’s residents rent their homes making it an ideal location to use the buy-and-hold strategy. Located against the Rocky Mountains, renters in Denver can expect a lively atmosphere and access to many outdoor activities.
![Colorado Real Estate Investing](https://cdn.abl1.net/wp-content/uploads/2024/04/living-denver-co.png)
![Denver Private Money Lender](https://cdn.abl1.net/wp-content/uploads/2024/04/bedroom-denver-co.png)
![Colorado Rental Loan](https://cdn.abl1.net/wp-content/uploads/2024/04/kitchen-denver-co.png)
![Denver Rental Property](https://cdn.abl1.net/wp-content/uploads/2024/04/bath-denver-co.png)
Get Started
![prequalify-icon](https://cdn.abl1.net/wp-content/uploads/2021/10/prequalify-icon.png)
![call-us-icon](https://cdn.abl1.net/wp-content/uploads/2021/10/call-us-icon.png)
![email-us-icon](https://cdn.abl1.net/wp-content/uploads/2021/10/email-us-icon.png)