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Bergenfield NJ Hard Money Loan For Property Purchase

Address: Bergenfield, NJ
Purchase Price: $320,000
Loan Amount: $208,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase
ARV: $335,000

Situation:

This borrower is a successful restaurant owner that is looking to start investing in real estate. The house is being purchased through a short sale and needs only minor repairs.

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