201-942-9089 [email protected]

Plymouth Meeting PA Fix And Flip Loan Funded By Hard Money Lender

Address: Plymouth Meeting, PA
Purchase Price: $180,000
Renovation Budget: $112,000
Loan Amount: $248,000
Cash Available for Purchase: $136,000
Cash Available for Renovation: $112,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Fix And Flip Loan
ARV: $415,000
PA hard money lender

Situation:

Asset Based Lending recently funded a hard money loan for a repeat borrower investing in a fix and flip project in Plymouth Meeting, PA. The project is a full gut renovation; adding an addition 450 square feet. The new floor plan will convert one of the downstairs bedrooms to a dining room in addition to adding a new bathroom and upstairs bedroom. The investor will also completely gut the kitchen and bathrooms, replace all the windows, and apply new paint throughout.

Pennsylvania hard money lender
hard money fix and flip lender PA
Pennsylvania hard money lender
fix and flip loan in PA