fix and flip investment properties

Case Studies

Prequalify Today
Back to All Case Studies

Hard Money Loan In Milford Connecticut For Fix And Flip

Address: Milford, CT
Borrower Profile: Repeat Borrower & Experienced Investor
Work Description: Fix & Flip - Single Family
Purchase Price: $168,000
Renovation Budget: $62,000
Loan Amount: $160,000
Cash Available for Purchase: $89,200
Cash Available for Renovation: $62,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Fix And Flip Loan
ARV: $325,000
Situation:

Asset Based Lending recently financed a hard money loan for a fix and flip project in Milford, Connecticut. The investor is a multiple-time repeat borrower with ABL, and is purchasing a 1,400 square foot single family cape in a great neighborhood near the park, river, and Long Island Sound. The subject property is a 3 bed 2 bath home with a 1 car garage in need of $62,000 worth of renovations. The scope of work for rehab includes new windows and gutters, roof repairs, replacing the HVAC system, gutting the kitchen and bathrooms, installing new hardwood floors, as well as new electrical outlets and fixtures throughout.

Direct hard money lender CT
CT hard money lender fix and flips
Hard money loans Connecticut
CT hard money loans
Connecticut hard money lenders
Prequalify For A Hard Money Loan Today
Get Started
Menu