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Stony Brook NY Fix And Flip

Address: Stony Brook, NY
Borrower Profile: Attorney And Experienced Investor
Work Description: Extensive Rehab To Single Family Home
Purchase Price: $275,000
Renovation Budget: $110,000
Loan Amount: $178,750
Loan Structure: 12 Months Interest Only
Loan Purpose: Property Purchase
ARV: $520,000
Situation:

This professional investor and attorney came to Asset Based Lending for a hard money loan in order to fund the purchase of a single family investment property in Stony Brook, NY. The borrower is using privately raised capital to fund the renovations, and ABL’s financing to fund the purchase of the home.

Asset Based Lending is a direct hard money lender in Long Island, NY.

Outcome:

Interior Before Rehab
Stony brook long island fix and flip lender
Interior After Rehab
Deck Before Rehab
Private hard money firm in long island ny
Deck After Rehab
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