Budd Lake NJ Refinance And New Construction Loan
Address: Budd Lake, NJ
Loan Amount: $300,000
Cash Available for Purchase: $25,000
Cash Available for Renovation: $275,000
Loan Structure: 12 months interest only
Loan Purpose: Refinance And New Construction
ARV: $570,000
Situation:
ABL just recently closed a $300,000 hard money loan to assist our experienced investors in financing a new construction project in Budd Lake, NJ. Their extensive plans include building a four bedroom, two and a half bath, fully loaded, 3000 square foot home on 5 acres of land! We can’t wait to see the end result when the brand-new home is move-in ready!
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