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Fix & Flip Funded By Hard Money Lender In North Haven Connecticut

Address: North Haven, CT
Borrower Profile: Experienced Investor
Work Description: Gut Renovation Of Single Family Property
Purchase Price: $187,425
Renovation Budget: $160,000
Loan Amount: $309,000
Cash Available for Purchase: $149,000
Cash Available for Renovation: $160,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Fix And Flip Loan
ARV: $630,000
Situation:

Asset Based Lending is glad to have this real estate investor back for his 4th fix and flip with us! The hard money loan is for the purchase and rehab of a 5,170 square foot single family home in North Haven, Connecticut. The existing home in 8 bedrooms and 7 bathrooms, with a ranch-like front and 3-level rear. The scope of work for renovations includes reducing the floorplan to 6 bedrooms by making suites on the 3rd level. Additionally, the renovation will install new HVAC, gut both kitchens and all bathrooms, replacing the floors and paint throughout. The investor will also replace all doors and windows throughout the home and update other appliances and finishes.

Hard money loans in Connecticut
Fix and flip hard money loans
CT hard money lender for fix and flips
Hard money lenders in CT
Connecticut hard money lender for fix and flip
hard money loans in CT
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