Rising Sun Maryland Fix And Flip Loan
Address: Rising Sun, MD
Purchase Price: $120,000
Renovation Budget: $55,000
Loan Amount: $150,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $278,000
Situation:
This real estate investor is a repeat borrower who first found Asset Based Lending through a broker. The borrower has successfully flipped a few properties in the region. The rehab scope of work includes renovating 2 full bathrooms, remodeling the kitchen, and replacing approximately 450 square feet of flooring.
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