Regent Court

Spacious home in CO Springs, shows very well and is in good condition. Finished basement. Not much work was needed, just clean up and market to a buyer. The loan we took over is a whopping 2.45% interest rate, allowing for plenty of possible exits on this deal.

Date Purchased: July 2023

Purchase Price: $436,500

Purchase Terms:  Subject to VA loan with bal 429K, 30-year, 2.49%

Exit Plan: We found a buyer who traded their condo in Aurora with significant equity for this home, as they were wanting to upgrade and not go through the hassle of listing. It worked great, she moved in and signed a Note to us, and we picked up another deal closer to Denver Metro to renovate and hold.

Location: Colorado Springs, Colorado, United States