Fort Lee, NJ New Construction
Address: Fort Lee, NJ
Purchase Price: $600,000
Renovation Budget: $250,000 Construction
Loan Amount: $400,000
Loan Structure: 12 months interest only
Loan Purpose: New Construction
ARV: $1,600,000
Situation:
These borrowers found Asset Based Lending through the website and were interested in a hard money loan to start new construction on a duplex in Fort Lee New Jersey.
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