Miami Florida Fix And Flip Hard Money Loan
Address: Miami, FL
Purchase Price: $200,000
Renovation Budget: $120,000
Loan Amount: $280,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $570,000
Situation:
Asset Based Lending recently funded a hard money loan in Miami Florida for the purchase and rehab of a single family home. The borrower is an experienced real estate investor who has successfully flipped over 100 projects throughout Florida. The project will require a substantial rehab, which will be managed by the investor’s trusted crew.
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