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Newark NJ Fix And Flip Hard Money Loan

Address: Newark NJ
Purchase Price: $125,000
Renovation Budget: $50,000
Loan Amount: $140,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $324,000
Newark NJ fix and flip loan
Fix and flip hard money loan in Newark NJ

Situation:

Asset Based Lending recently closed a $140,000 loan for a 3 family fix and flip deal in Newark NJ. The scope of work for rehab includes adding an additional bedroom, updating the electrical systems, installing new light fixtures, and upgrading the bathrooms and kitchens.

Newark NJ fix and flip hard money loans
Newark NJ fix and flip lender
NJ hard money lender for fix and flips
Newark NJ fix and flip loans