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Norwalk, CT Fix & Flip

Address: Norwalk, CT
Purchase Price: $350,000
Renovation Budget: $50,000
Loan Amount: $330,000
Loan Structure: 12 months interest only
Loan Purpose: Purchase And Rehabilitation
ARV: $520,000
Fix and flip in norwalk ct with hard money loan
Recently funded hard money loan for fix and flip in norwalk ct

Situation:

This investor team found ABL through a broker referral and contacted us in order to secure funding for their fix and flip project in Norwalk CT. The single family home had a recently renovated kitchen, and one of the borrowers was a licensed contractor who would be responsible for the project’s rehab. The strategy was to complete the renovations in one to two months and then sell the property.

Bathroom before renovations funded by hard money lender in norwalk ct
Backyard of recently funded fix and flip loan in norwalk ct
family room before renovations funded by a private lender in norwalk connecticut
Living room of recently funded hard money loan for a fix and flip in norwalk ct