Paramus, NJ Fix And Flip
Address: Paramus, NJ
Borrower Profile: 2nd time flippers
Work Description: Fix and flip of single family home in Paramus New Jersey
Purchase Price: $460,000
Renovation Budget: $60,000
Loan Amount: $428,000
Loan Structure: 12 Months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $605,000
Situation:
Borrower team of 50/50 partners found Asset Based Lending through our website. With one NJ flip already under their belt, Asset Based Lending was happy to provide a hard money loan to fund their fix and flip project in Paramus.
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