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NY Hard Money Lender: Middletown Fix & Flip Loan

Address: Middletown, NY
Borrower Profile: Repeat Borrower
Work Description: Fix & Flip - Single Family
Purchase Price: $130,000
Renovation Budget: $38,000
Loan Amount: $142,000
Cash Available for Purchase: $104,000
Cash Available for Renovation: $38,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Fix And Flip Loan
ARV: $235,000
NY hard money lender
Hard money lender in New York

Situation:

Asset Based Lending recently funded a hard money loan for a fix and flip project in Middletown, New York. The project is a 1,352 square foot split level home with the kitchen and living room on the main floor and 3 bedrooms with a full bath upstairs. The downstairs level has the half bath, laundry room, and an additional spare room. The $38,000 scope of work for this project includes standard upgrades and renovations throughout.

Hard money lender for fix and flip in NY
Fix and flip lender in New York
NY fix and flip loans hard money
New York hard money lender