201-942-9089 [email protected]

Fix And Flip Hard Money Loan in Miami Florida

Address: Miami, FL
Borrower Profile: First Time Investor
Purchase Price: $195,000
Renovation Budget: $40,000
Loan Amount: $191,000
Cash Available for Purchase: $156,000
Cash Available for Renovation: $35,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $300,000
Florida fix and flip lender
Florida hard money lender

Situation:

This single family investment property in Miami, Florida was found by a realtor before being listed on the MLS. Asset Based Lending recently funded a hard money fix and flip loan for the borrower to completely renovate the kitchen and bathrooms, fix some plumbing issues, and refinish the exterior. In addition, the scope of work includes updating the electrical panel, electrical fixtures, as well as the floors and windows.

Hard money lender in Florida
Miami fix and flip lender
Miami Florida hard money lender
Fix and flip loans in Florida