201-942-9089 info@abl1.net

Yonkers NY Fix And Flip Loan

Address: Yonkers, NY
Borrower Profile: Experienced Real Estate Investors
Purchase Price: $155,000
Renovation Budget: $150,000
Loan Amount: $259,000
Cash Available for Purchase:
Cash Available for Renovation:
Loan Structure: 12 Months Interest Only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $500,000

Situation:

These experienced real estate investors enlisted Asset Based Lending to fund the fix and flip of this mixed-use property in Yonkers NY. The scope of work for this project includes new windows and roofing, plumbing and electrical system repairs, new kitchens, and upgraded flooring.