Fix And Flip Loan In Philadelphia Pennsylvania
Address: Philadelphia, PA
Purchase Price: $94,000
Renovation Budget: $175,000
Loan Amount: $220,000
Cash Available for Purchase:
Cash Available for Renovation:
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $355,000
Situation:
Asset Based Lending recently funded a hard money loan for experienced investors and repeat borrowers to purchase and renovate a row house in the Point Breeze section of Philadelphia. The renovations are extensive, and expected to take 6 months.
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