Situation:

Asset Based Lending recently funded a hard money loan for a property purchase in Englewood, New Jersey. The subject property is a split-level 3,996 sq ft 5 bedroom / 3.5 bathroom single family home that sits on over half an acre and features a large living room, formal dining room, modern kitchen, and lots of storage space throughout.  The investor found this property through Sheriff’s Sale, and is buying it significantly below market value.