201-942-9089 info@abl1.net

Irvington NJ Fix & Flip Private Hard Money Loan

Address: Irvington, NJ
Purchase Price: $65,500
Renovation Budget: $60,000
Loan Amount: $100,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $195,000

Situation:

ABL recently funded a $100,000 fix and flip hard money loan for a single family property in Irvington, NJ. This seasoned investor is in for a challenge with this foreclosed property. These experienced investors have their work cut out for them! For the interior, the kitchen and bathrooms each need to be completely renovated. New paint and flooring will be needed throughout the home and a few windows need to be installed. Along with the inside, the property will need a new railing and even possibly a new roof! We can’t wait to see the finished product!