Bridgeport, CT Cash Out And Rehabilitation
Address: Bridgeport, CT
Purchase Price: $189,500
Renovation Budget: $88,000
Loan Amount: $248,000
Cash Available for Purchase:
Cash Available for Renovation:
Loan Structure: 12 months interest only
Loan Purpose: Cash Out And Rehabilitation
ARV: $390,000
Situation:
This borrower, on his third real estate investment, came to Asset Based Lending looking for a hard money cash out and rehabilitation loan. The scope of work includes renovating the floors, fixing the pool, overhauling the foundation, as well as upgrading the windows, roof, and landscaping.
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