Asset Based Lending recently funded a hard money fix and flip loan in Newark New Jersey. The borrower is a repeat borrower and experienced real estate investor. The property is a two-unit multifamily with each unit being 2-bedroom, 1-bathroom measured at approximately 900 square feet. Project will be mostly cosmetic, with the exterior receiving new siding, new roof, and replacing some windows. Interior will receive fresh paint and LVP flooring, with kitchens being updated to include granite counters and budget stainless steel appliances. Bathrooms will also be updated with new toilet, tub, and tile flooring with budget-grade finishes. Project is expected to take up to four months, with final sale occurring shortly after completion.