Baltimore MD Fix And Flip Loan
Address: Baltimore, MD
Purchase Price: $79,000
Renovation Budget: $71,000
Loan Amount: $127,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $196,000
Situation:
ABL recently funded a fix and flip hard money loan for a real estate investor that found a property through a wholesaler. The investor plans to complete a full gut rehab on the single family home in Baltimore. The scope of work includes a new HVAC system, full kitchen renovation, new roof, and cosmetic upgrades.
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