Situation:

Asset Based Lending is glad to have this real estate investor back for his 4th fix and flip with us! The hard money loan is for the purchase and rehab of a 5,170 square foot single family home in North Haven, Connecticut. The existing home in 8 bedrooms and 7 bathrooms, with a ranch-like front and 3-level rear. The scope of work for renovations includes reducing the floorplan to 6 bedrooms by making suites on the 3rd level. Additionally, the renovation will install new HVAC, gut both kitchens and all bathrooms, replacing the floors and paint throughout. The investor will also replace all doors and windows throughout the home and update other appliances and finishes.