Fix and Flip in Pueblo

We don't have a reliable number to give you. Building permit fees, plan-review timelines, and water and sewer tap fees for the City of Pueblo were not available to research, and we won't guess at a figure or claim there are none. Confirm the current schedule directly with the city before you lock your rehab budget or your holding-period math.

Pull the parcel before you underwrite the carry, because the stack depends on exactly where the house sits. Inside Pueblo city limits you carry the city's 15.633 mills; inside Pueblo West you carry the Pueblo West Metropolitan District's 20.230 mills instead; in unincorporated county outside both, you carry neither. Colorado has no homestead-style cap or exemption that an investor loses, so the levy stack on the parcel is what you carry. Talk to your CPA about how the specific stack affects your hold period.

Plan for hail, not wildfire, on most Pueblo submarkets. The city and Pueblo West sit on plains geography with no significant wildfire-urban-interface exposure; that risk concentrates in the western county communities of Beulah, Rye and Colorado City instead. Statewide, hail drives 26% to 54% of Front Range homeowners premium, and roof age and condition drive both the quote and the claim history. Require replacement-cost coverage, not actual cash value, on the collateral.

We have no Pueblo flip rate, margin or days-on-market figure, so judge it on the two numbers we can source. Mortgages 90-plus days delinquent, in foreclosure, or in REO ran 1.6% of Pueblo metro home loans in February 2025, up from 1.1% a year earlier, and above both Colorado and the nation since July 2023, so the distressed pipeline is real. On the resale side, the metro's average new-build sale ran about $160,000 above the average existing-home resale in the 12 months to February 2025: a renovated flip competes against new construction priced well above it, which is the spread the deal has to clear.

Because the stock is old, not because the crew is inflating the estimate. Pueblo County's housing skews toward a mid-century-and-earlier build year, which puts a large share of it ahead of the 1978 federal lead-paint ban. Lead-safe work practices, knob-and-tube and cloth-wire replacement, cast-iron and galvanized supply lines, and asbestos in floor tile or duct wrap are ordinary scope items here, not surprises. Budget for them from the first walk-through.

Close to nothing, on the state side. Colorado's documentary fee is one cent per $100 of consideration, so a $250,000 sale carries a $25 documentary fee, and recording any document costs a flat $43 regardless of page count. Colorado has no state or local real estate transfer tax in the Pueblo metro. That keeps your exit math simple; the rest of your closing costs are the ordinary title, escrow, and agent fees you'd budget on any sale.

We fund up to 90% of the purchase price and up to 100% of your rehab budget, with the total capped against the after-repair value (ARV). Rehab money is released in draws as the work is completed.

Our fix and flip pricing starts around 9.99%, interest-only, with origination typically 1 to 3 points depending on your experience, leverage, and the deal, and every quote is subject to underwriting. Across the market most flip loans run roughly 9% to 12%. On most flip loans, including ours, interest is charged on the full loan amount, rehab budget included. Paying interest only on rehab funds as you draw them exists in the market, but it is the exception, not the rule.

No. We work with first-time flippers as well as full-time operators. Experience mainly affects your leverage and rate, since a longer track record earns higher loan-to-cost and better pricing. A newer investor can still get funded with a sound deal, a realistic budget, and a clear exit.

We can get you a term sheet the same day on a complete application, and we typically fund within 48 hours of clear title. The main variable is how fast title and insurance come together, which is why a full close usually runs 5 to 7 days. Because we are the lender and underwrite in house, there is no second layer of approval to wait on.

No. Our fix and flip loans have no prepayment penalty, so paying off early when the property sells costs you nothing extra. Terms run 6 months, and because there is no penalty, selling sooner never costs you extra.

We run credit, but this is an asset-based loan, so the property, your budget, and the ARV matter most. We do not ask for W-2s or tax returns to qualify a flip. We will want to confirm you have reserves to carry the project to its exit.