201-942-9089 info@abl1.net

Saddle River NJ Fix And Flip Loan

Address: Saddle River, NJ
Purchase Price: $474,500
Renovation Budget: $150,000
Loan Amount: $529,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $825,000

Situation:

Our investors have their work cut out for them with this property! ABL just recently closed a $529,000 hard money loan for a fix and flip property in Saddle River, NJ. The scope of work for this property includes a brand new kitchen and bathroom upgrade, and a renovation of the master bedroom and attached bathroom. Fresh paint will be added throughout the entire interior and exterior of the property, and flooring throughout the home will need to be cleaned up and refinished. The built in pool and carriage house need a major clean up and should be good to go! To add a few finishing touches, our investors plan to freshen up the landscaping outside the home.