201-942-9089 info@abl1.net

Jersey City Hard Money Loan For Fix And Flip

Address: Jersey City, NJ
Borrower Profile: Repeat Borrower
Work Description: Gut Renovation Of Single Family Property
Purchase Price: $185,000
Renovation Budget: $78,000
Loan Amount: $223,000
Cash Available for Purchase: $145,000
Cash Available for Renovation: $78,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $375,000
Sale Price: $617,000
Jersey City fix and flip loan
Exterior – Before
Exterior – After


Asset Based Lending funded a hard money fix and flip loan for a repeat borrower in Jersey City, New Jersey. This investor is a realtor and former FortuneBuilders student, so he and his partners came into the project with a solid business plan in mind. The project was a $78,000 gut renovation that included reducing the floor plan by one bedroom in order to add a bathroom and expand the remaining spaces.


hard money lender in New jersey
Interior – Before
Entry – Before
NJ hard money loans
Bathroom – Before
jersey city hard money lender
Interior – After
Fix and flip loans in New Jersey
Entry – After
Hard money fix and flip loans
Bathroom – After