Philadelphia PA Fix And Flip Hard Money Loan
Address: Philadelphia, PA
Borrower Profile: Experienced Investor
Purchase Price: $330,000
Renovation Budget: $174,000
Loan Amount: $450,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $675,000
Situation:
The latest deal for one of Asset Based Lending’s most experienced investors, this hard money fix and flip loan is funding the purchase and rehab of a single family home in Philadelphia. Requiring a gut rehab, the finished property will be a 3 bedroom 3.5 bathroom home with high end finishes including high efficiency smart technology home appliances.
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