Rahway NJ Fix And Flip Hard Money Loan
Address: Rahway, NJ
Purchase Price: $171,000
Renovation Budget: $30,000
Loan Amount: $166,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $290,000
Situation:
Asset Based Lending recently funded a hard money loan for the purchase and rehab of a single family home in Rahway New Jersey. The borrower is an experienced investor who owns several rental properties, and is working with an experienced contractor to manage the renovations.
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