Situation:

Asset Based Lending recently funded a hard money loan for a fix and flip investment property in Hempstead NY. This 4-unit building in Nassau County Long Island is just minutes from Hofstra and Nassau Community College and in need of over $60,000 worth of renovations. The scope of work for this project includes installing separate boilers for each apartment, a new driveway, and gutting all kitchens and bathrooms throughout.