Hendersonville North Carolina Fix And Flip Loan
Asset Based Lending recently funded a hard money fix and flip loan in Hendersonville North Carolina. The borrower is a first-time borrower with ABL and newer real estate investor. The property is a single family 3-bedroom, 2-bathroom measured at 1,600 square feet. Property interior will undergo gut renovation with an emphasis on the kitchen and bathrooms. Kitchen will be completely updated with new cabinets, counters, kitchen island, and stainless steel appliances. Bathrooms will receive new vanities, tubs, sinks, toilets, and fixtures. Other updates to the property include upgraded plumbing and electrical, new HVAC system, new lighting fixtures, new double hung windows, new exterior vinyl siding, and new LVP floors throughout. The project is expected to take two months with final sale occurring shortly after completion.