Miami Florida Fix And Flip Hard Money Loan
Address: Miami, FL
Purchase Price: $390,000
Renovation Budget: $65,000
Loan Amount: $365,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $750,000
Situation:
Asset Based Lending recently funded a $365,000 hard money loan for a fix and flip project in Miami, Florida. This investor is experienced in the area, having completed 6-10 flips in the last 18 months. The scope of work for renovations is extensive and includes new drywall, electric and plumbing system overhauls, and interior/exterior cosmetic improvements.
Get Started
