Rutherford NJ Fix And Flip Hard Money Loan
Address: Rutherford NJ
Purchase Price: $280,000
Renovation Budget: $150,000
Loan Amount: $365,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $609,000
Situation:
ABL recently funded a fix and flip loan for an experienced flipper and previous borrower. The scope of work for this rehab includes cosmetic upgrades to the exterior, as well as a gut renovation of the property’s interior.
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