201-942-9089 info@abl1.net

Glenside Pennsylvania Fix And Flip Loan

Address: Glenside, Pennsylvania
Borrower Profile: Repeat Borrower — Experienced Investor
Work Description: Fix and Flip — Single Family
Purchase Price: $275,000
Renovation Budget: $105,000
Loan Amount: $324,000
Cash Available for Purchase: $219,000
Cash Available for Renovation: $105,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase & Rehabilitation
ARV: $480,000
PA Hard Money Lender
Glenside Fix and Flip

­­Asset Based Lending recently funded a fix and flip loan to a repeat borrower and full-time real estate investor in Glenside Pennsylvania. This investor is one of ABL’s consistent borrowers and they are working on multiple projects concurrently. For this project the borrower purchased a single-family home in an area in which they often invest. They will perform a gut renovation to update both interior and exterior. They will install a new roof and new vinyl siding. For the interior the borrower will install engineered hardwood throughout the home. The kitchen will be updated with new stainless-steel appliances, shaker cabinets, and quartz countertops. In the bathrooms new showers, toilets, countertops, and vanities will be installed. Renovations to this home are expected to last 3 months, at which time the borrower will list the home for final sale.

PA Renovation Loan
Glenside Renovation Loan
PA Fix and Flip
Glenside Hard Money Lender