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Hard Money Fix And Flip Loan In Baltimore Maryland

Address: Baltimore, MD
Purchase Price: $116,480
Renovation Budget: $40,000
Loan Amount: $133,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $207,000

Situation:

Asset Based Lending recently funded a hard money fix and flip loan for an experienced investor in Baltimore Maryland. The rehab for this single family home includes adding a new full bathroom and completely overhauling the kitchen in addition to other cosmetic upgrades.