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Fix and Flip Loan In Milford, Connecticut

Address: Milford, Connecticut
Borrower Profile: Experienced Investor and Accountant
Purchase Price: $68,000
Renovation Budget: $100,000
Loan Amount: $146,000
Cash Available for Purchase: $42,000
Cash Available for Renovation: $104,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Property Purchase and Rehabilitation
ARV: $250,000
Fix and flip loan in Milford CT
fix and flip hard money loan in CT

Situation:

The team at ABL closed a $146,000 hard money loan for a single family fix and flip property in Milford, Connecticut this month. We’re funding 100% of the renovation costs of the property while listening to everything the investing team had in mind. Aside from an entirely new kitchen and completely renovated bathrooms, the investors plan to install recessed lighting throughout the home. The property will have a strong selling point with quality hardwood floors spanning the interior. This team also sees the importance of a strong curb appeal and decided to make a good investment into landscaping and exterior appearance. ABL is looking forward to seeing the progress as different stages of the renovation are completed!

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Connecticut fix and flip lender
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