Hard Money Fix and Flip Loan in Allentown, Pennsylvania
Situation:
This investor has done over ten deals in the past two years, so we are sure he will tackle this three-unit, 5-bedroom, 3-bath multi-family fix and flip with ease. In fact, this investor is actually flipping a couple different multi-family properties on the same block simultaneously with a multi property blanket loan from ABL! He is planning for a major rehab of the original properties with a renovation budget that’s only $20,000 less than the original purchase price. He is going to replace interior doors, tile kitchens and bathrooms, install bathroom fixtures and kitchen cabinets and counters, and re-paint the interiors, among other renovations. We can’t wait to see how he transforms the Allentown neighborhood he is working in!