Elmsford NY Fix And Flip Hard Money Loan
Address: Elmsford, NY
Borrower Profile: Experienced Investor
Purchase Price: $160,000
Renovation Budget: $55,000
Loan Amount: $182,000
Cash Available for Purchase:
Cash Available for Renovation:
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $285,000
Situation:
ABL recently funded the purchase and acquisition of this single family home in Elmsford NY for a frequent repeat borrower. During this gut rehab, the investors will be adding an additional 600 square feet, a new fourth bedroom, and overhauling the kitchen, bathrooms, and plumbing/electrical systems.
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