fix and flip investment properties

Case Studies

Prequalify Today
Back to All Case Studies

Hard Money Cash Out And Rehab Loan In Philadelphia PA

Address: Philadelphia, PA
Borrower Profile: First Time Investor
Work Description: Fix & Flip - Single Family
Purchase Price: $20,000
Renovation Budget: $60,000
Loan Amount: $80,000
Cash Available for Purchase: $15,200
Cash Available for Renovation: $60,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Cash Out And Rehabilitation
ARV: $165,000

Asset Based Lending recently funded a cash out and rehab hard money loan in Philadelphia PA for a US Veteran who purchased the property cash in 2004. The subject property is a 926 square foot single family home in need of $60,000 worth of renovations. The scope of work for rehab includes new exterior finishing, repairing a leak in the roof, gutting the kitchen and bathrooms, installing new HVAC and plumbing, as well as adding a bedroom.

Philadelphia fix and flip loans
Hard money loans Philadelphia
Philadelphia hard money lender
hard money loans in PA for fix and flip
Hard money lenders in PA
Prequalify For A Hard Money Loan Today
Get Started