201-942-9089 info@abl1.net

Hard Money Fix and Flip Loan in Newark NJ

Address: Newark, NJ
Borrower Profile: Experienced Investor
Purchase Price: $235,000
Renovation Budget: $140,750
Loan Amount: $315,000
Cash Available for Purchase: $174,250
Cash Available for Renovation: $140,750
Loan Structure: 12 Months Interest Only
Loan Purpose: Property Purchase & Rehabilitation
ARV: $506,000

Situation:

This investor is covering all his bases, installing new windows and siding, adding water and gas lines, and bringing in lights and ceiling fans. He also understands that you make your money on the kitchen and bath; he’s putting in new cabinets, countertops, sinks, faucets, showers, and vanities. The plans for this fix and flip are impressive, and we’re sure that the final product will go above and beyond our expectations.