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Hard Money Loan For Fix And Flip In Clark NJ

Address: Clark, NJ
Purchase Price: $310,000
Renovation Budget: $125,000
Loan Amount: $369,000
Cash Available for Purchase: $244,000
Cash Available for Renovation: $125,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Fix And Flip Loan
ARV: $577,000
Clark NJ hard money lender
Hard money fix and flip loan in NJ

Situation:

This experienced builder and real estate investor came to Asset Based Lending for a hard money fix and flip loan in Clark, NJ. The scope of work for this 1,970 square foot 4 bed 2 bath single family property is extensive. The rehab includes new 2-zone air conditioning, new mechanical and electrical, opening up the floor plan on the first floor, and updating the floors and master suite.

Hard money loans in New Jersey
Hard money fix and flip loans in Clark NJ
Fix and flip lender in NJ
fix and flip lender in Clark NJ