Montclair New Jersey Fix And Flip Loan
Address: Montclair, NJ
Work Description: Extensive rehab and expansion
Purchase Price: $290,000
Loan Amount: $450,000
Cash Available for Purchase: $220,000
Cash Available for Renovation: $230,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV:
Situation:
Our investors are in for a lot of work with this property! ABL just recently funded a $450,000 hard money loan for a complete gut renovation of a single family property in Montclair, NJ. All interior walls and ceilings will be removed in order to replace waterlines, drains, vents and a heating/cooling system. Our experienced investors are working hard to get this property move-in ready quickly! We can’t wait to see how they do!
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