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Hard Money Fix & Flip Loan In Souderton, PA

Address: Souderton, PA
Borrower Profile: Experienced Investor, repeat borrower
Work Description: Fix & Flip – Single-Family
Purchase Price: $125,000
Renovation Budget: $175,000
Loan Amount: $255,000
Cash Available for Purchase: $80,000
Cash Available for Renovation: $175,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Fix And Flip Loan
ARV: $365,000
Souderton, PA Hard Money Loan
Hard Money Loan in Souderton, PA

Situation:

Asset Based Lending recently funded a hard money fix and flip loan to a repeat borrower in Souderton, Pennsylvania—covering 100% of rehab. This 2,060 square foot single-family property has 4 bedrooms and 2 ½ bathrooms. The scope of work for this property includes kitchen and bathroom renovations, new flooring, new doors, electrical and plumbing upgrades, and various exterior repairs.

PA Fix and Flip Loan
Hard Money Lender for Souderton, Pennsylvania
Fix and Flip Loan in PA
Souderton, Pennsylvania Hard Money Loans