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Fix And Flip Loan In West Chester PA

Address: West Chester, PA
Borrower Profile: Experienced Investor
Work Description: Moderate Renovation Of 1 Unit Condo
Purchase Price: $80,000
Renovation Budget: $40,000
Loan Amount: $102,000
Cash Available for Purchase: $62,000
Cash Available for Renovation: $40,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Fix And Flip Loan
ARV: $190,000
PA hard money lender

Situation:

Asset Based Lending recently funded a hard money fix and flip loan for the purchase and rehab of a 1,064 square-foot single family condo in West Chester, PA. The property hasn’t been updated in 40 years, so the scope of work for renovations includes a full gut of the kitchen and bathrooms, new carpeting and flooring throughout, and updating lighting fixtures. Exterior and other updates will be handled by the HOA.

PA hard money lender for fix and flips
PA fix and flip loan
Hard money fix and flip loan in PA