Danbury CT Purchase And New Construction Loan
Address: Danbury, CT
Borrower Profile: Experienced Investors and Contractors
Work Description: New Build Of Single Family House
Renovation Budget: $320,000
Loan Amount: $392,000
Cash Available for Purchase:
Cash Available for Renovation: $320,000 (Construction)
Loan Structure: 12 months interest only
Loan Purpose: New Construction
ARV: $675,000
Situation:
These experienced investors came to Asset Based Lending looking for a loan to fund their new construction of a single-family property in Danbury, Connecticut. With professional contractor experience, these investors combine for over 20 ground-up new construction builds.
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