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Maplewood NJ Fix And Flip Hard Money Loan

Address: Maplewood, NJ
Borrower Profile: Experienced Investor
Purchase Price: $436,555
Renovation Budget: $100,000
Loan Amount: $449,000
Cash Available for Purchase: $349,000
Cash Available for Renovation: $100,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Fix And Flip Loan
ARV: $715,000
nj hard money lender

Situation:

Asset Based Lending is thrilled to have this repeat borrower and experienced investor back f another deal. This property was found by a realtor through an estate sale. The scope of work for the renovations of this single family home include a new kitchen, overhauling the bathrooms, and updating finishes throughout. This fix and flip investor knows how to make his hard money loan work for him, so we’re sure the finished property will be beautiful!

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