Marlton NJ Hard Money Fix And Flip Loan
Address: Marlton, NJ
Borrower Profile: Experienced Investor
Purchase Price: $145,000
Renovation Budget: $30,000
Loan Amount: $146,000
Cash Available for Purchase: $116,000
Cash Available for Renovation: $30,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Fix And Flip Loan
ARV: $265,000
Situation:
Asset Based Lending recently funded a hard money fix and flip loan for a single family 4 bed 2 bath home in Marlton, NJ. The renovations for this 1,774 square foot property include paint and cosmetic updates throughout, landscaping, new flooring and carpets, gutting the upstairs bathroom, and new appliances.
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