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Jersey City NJ Fix And Flip Hard Money Loan

Address: Jersey City, NJ
Purchase Price: $185,000
Renovation Budget: $78,000
Loan Amount: $223,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $375,000
Fix and flip loan in jersey city new jersey
Hard money loan for fix and flip in jersey city nj

Situation:

These investors are full time realtors, with extensive experience finding and selling investment properties. After graduating a well-known property fix and flip training class, they came to Asset Based Lending for hard money loans to fund their deals. The scope of work on this flip is fairly extensive, and includes a full kitchen renovation, additional bathroom, and all new electrical systems.

Private hard money lender for fix and flip in Jersey City NJ
Fix and flip funded by hard money loan in Jersey City Nj