The Investor's Source

About The Investor's Source

The Investor's Source is a Loveland, CO based private lender. They provide funding throughout Laramie and Cheyenne. They provide builder loans, fix and flip hard money loans, and commercial hard money loans. They issue terms up to 6 months, loans with a maximum LTV of 70%, and rates from 14%. They primarily offer funding for single family units and multi family residences.

Loan Types Offered: Fix and Flip Loans, Commercial Hard Money Loans, New Construction Loans

Property Types Covered: Single Family, Multi Family

Areas Served: Laramie, Cheyenne, CO

Lending Guidelines for The Investor's Source

Below are the general loan guidelines published on the The Investor's Source website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by The Investor's Source.

Loan Example 1

Bryan finds a duplex in Laramie, WY to renovate and sell. Since he does not have enough cash to acquire the $160,000 house outright, he takes out a fix and flip loan from The Investor's Source. The terms of the loan include a 60% loan to value (LTV), so he must contribute 40% of the price as cash at closing, making the principle note amount $96,000. The loan also includes these features: 1) a 12 month term, 2) a 14% interest only note, and 3) a three point origination fee.

Bryan will have to contribute $64,000 to closing (40% on the 60% loan-to-value), plus he will need to pay the $2,880 origination fee. he must then pay $1,120 monthly to the lender. If Bryan sells the property for $240,000 after 12 months, he would then realize a gross profit of $63,680 after subtracting the original principle of $96,000, the funds contributed at closing of $64,000, the origination fee of $2,880, and the total interest payments of $13,440. This amount does not account for renovation costs.

Loan Example 2

Clayton is a an investor in Laramie, WY. He buys an older property for a remodeling project and takes a private money loan from The Investor's Source with the following terms:

$290,000 purchase price
75% loan-to-value (LTV)
6 month term
8% rate of interest
4% origination fee

Once the rehab project is finished, if Clayton sells the house for $406,000, the final numbers would be the following:

$406,000 sales price
- $217,500 principle on note (75% LTV)
- $72,500 down payment (25% on 75% LTV)
- $8,700 origination fee (4% of the $217,500 principle)
- $8,700 interest payments (6 months x 8% interest)
-----------------------
= $98,600 total profit (doesn't include taxes or renovation costs)

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