Newark New Jersey Fix And Flip Hard Money Loan
Address: Newark, NJ
Borrower Profile: Experienced Investor & Realtor
Purchase Price: $189,000
Renovation Budget: $65,000
Loan Amount: $198,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $330,000
Situation:
The borrower for this fix and flip deal in Newark NJ is an experienced real estate professional having been a real estate agent in the area for several years, and conducting several previous flips. The scope of work for rehab includes overhauling the bathrooms, finishing the basement, updating the exterior cosmetics, and renovating the kitchen.
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