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Trenton NJ Fix And Flip Hard Money Loan

Address: Trenton, NJ
Borrower Profile: Experienced Developer
Purchase Price: $45,000
Renovation Budget: $82,500
Loan Amount: $105,000
Cash Available for Purchase:
Cash Available for Renovation:
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase & Rehabilitation
ARV: $190,000
Trenton NJ fix and flip hard money loan
Private hard money loan in Trenton NJ

Situation:

This real estate investor has experienced investing in large apartment buildings with private equity, and has recently started investing in smaller row houses. Asset Based Lending funded a hard money loan for the purchase and rehabilitation of this 3 family property in Trenton, New Jersey. The scope of work for the renovation of the property is extensive, and includes new plumbing, electing, and overhauled kitchens and bathrooms.

Trenton NJ private hard money lender
Trenton NJ fix and flip loan