North Wales PA Fix And Flip Hard Money Loan
Address: North Wales, PA
Borrower Profile: Experienced Investors
Purchase Price: $314,000
Loan Amount: $301,200
Cash Available for Purchase: $251,200
Cash Available for Renovation: $50,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $475,000
Situation:
Asset Based Lending recently funded a fix and flip hard money money loan for these experienced investors in Pennsylvania. The scope of work for this $50,000 renovation includes new flooring, kitchen cabinetry and counter tops, complete rehabs of several bathrooms, upgrading lighting, and cosmetic work throughout.
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