Hard Money Fix & Flip Loan In Lansdowne PA
Address: Lansdowne, PA
Borrower Profile: Experienced Investor & Real Estate Agent
Work Description: Fix & Flip - Single Family
Purchase Price: $90,000
Renovation Budget: $45,000
Loan Amount: $108,000
Cash Available for Purchase: $63,000
Cash Available for Renovation: $45,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Fix And Flip Loan
ARV: $190,000
Situation:
Asset Based Lending recently funded a hard money fix and flip loan for an experienced Pennsylvania real estate investor in Lansdowne, Pennsylvania. The single-family property has a 4 bed/ 2.5 bath layout. The scope of work includes exterior siding and woodwork, a flooring makeover, a kitchen renovation, and bathroom upgrades.
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