Perkasie PA Refinance And Rehab Hard Money Loan
Address: Perkasie, PA
Renovation Budget: $30,000
Loan Amount: $211,000
Loan Structure: 12 months interest only
Loan Purpose: Refinance And Rehabilitation
ARV: $365,000
Situation:
A current ABL borrower needed a hard money loan in order to refinance a property and buy out his partner. In addition, the rehab costs will allow the investor to convert a barn on the property to 5 residential units.
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