Decatur Georgia Fix And Flip Loan
Asset Based Lending recently funded a hard money fix and flip loan in Decatur Georgia. The borrower is a repeat borrower and experienced real estate investor. The property is currently a 3-bedroom, 2-bathroom measured at 1,505 square feet that will receive an addition and be transformed into a 5-bedroom, 4-bathroom measured at 2,337 square feet. Scope of work will focus on vertical addition as well as multiple interior and exterior updates. The interior will be highlighted by high-end finishes, refinished hardwood floors, new Tudor style windows, and new HVAC system. Kitchen will receive custom cabinets, quartz countertops, stainless steel appliances, and new hardwood floors to match the rest of the home. Bathroom highlights will include new tile, vanities, tubs, and toilets with the master bathroom receiving higher end finishes. Project is expected to take three months with final sale occurring shortly after completion.