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Fix And Flip Hard Money Loan In Baltimore Maryland

Address: Baltimore, MD
Borrower Profile:
Purchase Price: $129,000
Renovation Budget: $40,000
Loan Amount: $143,000
Cash Available for Purchase: $103,000
Cash Available for Renovation: $40,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Fix And Flip Loan
ARV: $264,000
Fix and flip lender in Baltimore

Situation:

Asset Based Lending recently funded a hard money fix and flip loan for the purchase and rehabilitation of a 3,100 square foot single family attached property in Baltimore, Maryland. This 5 bedroom, 3.5 bathroom property is in need of significant renovations, with a $40,000 scope of work that includes new bathrooms, flooring, and appliances as well as cosmetic updates throughout.

Baltimore hard money lender
Baltimore hard money lender
Hard money loans for fix and flips
fix and flip lender in Baltimore