201-942-9089 info@abl1.net

Dahlonega Georgia Hard Money New Construction Loan

Address: Dahlonega, Georgia
Borrower Profile: First Time Borrower — Real Estate Investor
Work Description: New Construction — Single Family
Purchase Price: $130,000
Renovation Budget: $270,000 (Construction)
Loan Amount: $340,000
Cash Available for Purchase: $70,000
Cash Available for Renovation: $270,000 (Construction)
Loan Structure: 12 months interest only
Loan Purpose: Property New Construction Only
ARV: $575,000
GA Hard Money Lender
GA New Construction Loan

­Asset Based Lending recently funded a new construction single family project in Dahlonega Georgia for a first time borrower. The plans for this new construction consist of a 2700 square foot single family home with four bedrooms and two and half baths. The primary suite is located on the first floor and the remaining bedrooms are located on the second floor. Ceilings throughout the home are nine feet which adds to the open concept kitchen and living space. The primary bedroom and ensuite bathroom are located off the kitchen and boast ten foot ceilings for a luxury feel. An island large enough to seat five people coupled with granite counter tops makes the kitchen the perfect place to have breakfast. With a two car garage and covered front porch this is a home constructed to suit a family. Once ground up construction is complete in approximately 9 months the borrower will list this property for sale.

Georgia Real Estate Investing
Dahlonega Hard Money Lender