Miami Florida Hard Money Loan
Address: Miami, FL
Purchase Price: $220,000
Loan Amount: $143,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase
ARV: $240,000
Situation:
This returning borrower in Miami Florida enlisted Asset Based Lending for a hard money loan in order to fund the purchase of a single family home. The investor will do some light renovations to the property, and plans to flip it very quickly.
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