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Cranford NJ Fix And Flip Hard Money Loan

Address: Cranford, NJ
Purchase Price: $405,000
Renovation Budget: $80,000
Loan Amount: $404,000
Cash Available for Purchase:
Cash Available for Renovation:
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $643,000
Private Hard money lender in Cranford New Jersey

Situation:

Asset Based Lending recently funded a $404,000 hard money loan for a fix and flip real estate investment in Cranford, NJ. The scope of work for this single family home includes a total kitchen renovation, replacing flooring, upgrading cabinetry, and installing all new appliances.

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