Fort Lauderdale Florida Hard Money Fix And Flip Loan
Address: Fort Lauderdale, FL
Purchase Price: $80,000
Renovation Budget: $15,000
Loan Amount: $75,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $135,000
Situation:
Asset Based Lending recently funded a hard money loan for a fix and flip real estate investment in Fort Lauderdale, Florida. The borrower’s deal initially fell through while working with a large national lender, but ABL was able to step in and close the deal.
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