Asset Based Lending recently funded a property purchase hard money loan in Capitol Heights Maryland. The borrower is a first-time borrower that is an experienced real estate investor. The property was purchased for $248,000 with an as-is value of $278,000. The property is a single-family 3-bedroom, 4-bathroom measured at 1,485 square feet. Borrower is expected to sell the property at a profit within 2 months of deal closing.