201-942-9089 [email protected]

Bronx New York Fix And Flip Hard Money Loan

Address: Bronx, NY
Borrower Profile: New Investor
Purchase Price: $339,000
Renovation Budget: $118,000
Loan Amount: $388,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $640,000
Hard money lender in Bronx NY
Bronx NY Fix and flip hard money loan

Situation:

Asset Based Lending recently funded a hard money loan for a fix and flip in Bronx NY. The borrower is a licensed realtor who is in progress on several similar deals, and found this property as an REO on auction.com. The scope of work for renovations includes exterior cosmetics, electrical and plumbing system upgrades, repairing all flooring, and replacing all features in the bathrooms and kitchen.

Private lender for fix and flip in NY
Fix and flip loans in Bronx NY
Bronx New York fix and flip private loans
Bronx NY fix and flip loans