Pennsauken NJ Fix And Flip
Address: Pennsauken, NJ
Borrower Profile: Experienced investors
Purchase Price: $88,000
Renovation Budget: $17,500
Loan Amount: $85,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $168,000
Situation:
These investors are repeat borrowers that enlisted Asset Based Lending for a hard money loan to finance the purchase and rehabilitation of single family home in Pennsauken NJ. The project rehab includes repairing the siding, refurnishing the kitchen with new appliances and plumbing, replacing all flooring, and refurnishing the bathrooms.
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