Stratford CT Land Purchase & New Construction Loan
Address: Stratford, CT
Borrower Profile: Experienced builder
Purchase Price: $121,000
Renovation Budget: $275,000
Loan Amount: $335,000
Loan Structure: 12 months interest only
Loan Purpose: Land Purchase And New Construction
ARV: $529,000
Situation:
This experienced builder in Connecticut approached ABL for a hard money loan in order to purchase land and develop a 4 bedroom / 3 bathroom colonial style home in Stratford.
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