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Hard Money Fix Flip Loan In Central Islip, NY

Address: Central Islip, NY
Borrower Profile: Experienced Investor
Work Description: Fix & Flip – Single-Family
Purchase Price: $225,000
Renovation Budget: $103,000
Loan Amount: $276,000
Cash Available for Purchase: $173,000
Cash Available for Renovation: $103,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Fix And Flip Loan
ARV: $450,000
Situation:

Asset Based Lending recently funded a hard money fix and flip loan for an experienced real estate investor in Central Islip, New York—covering 100% of of the $103,000 renovation budget. This 6,000 square foot single-family property has 6 bedrooms and 4 bathrooms. This gut to the studs renovation will include roofing and siding, as well as electrical and plumbing updates.

New York Fix and Flip Loan
Central Islip Fix and Flip Loan
Hard Money Loan in New York
Hard Money Loan in Central Islip
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