Royersford, PA Cash Out And Rehab Hard Money Loan
Address: Royersford, PA
Purchase Price: $70,000
Renovation Budget: $32,000
Loan Amount: $130,000
Loan Structure: 12 months interest only
Loan Purpose: Cash Out And Property Rehabilitation
ARV: $210,000
Situation:
After buying the property from a wholesaler for cash, Asset Based Lending funded a hard money loan in order for the borrowers to take cash out and rehab the property. This single family home in Royersford PA is over 100 years old, in need of major renovations to both the interior and exterior.
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