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Philadelphia PA Hard Money Loan Fix And Flip

Address: Philadelphia, PA
Purchase Price: $110,000
Renovation Budget: $65,000
Loan Amount: $145,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $230,000
Philadelphia PA hard money loan

Situation:

The borrower is a foreign national and a repeat borrower, on his third simultaneous deal with Asset Based Lending. The scope of work includes replacing the entire kitchen, demolishing and rebuilding two bedrooms, cosmetic enhancements to the exterior of the property, new windows, and new flooring throughout.

Recently funded hard money loan in Philadelphia PA
PA hard money loan funded by ABL
Kitchen before renovations funded by Philadelphia hard money lender
Fix and flip hard money loan in PA