201-942-9089 info@abl1.net

North Plainfield NJ Fix And Flip Hard Money Loan

Address: North Plainfield, NJ
Borrower Profile: Repeat Borrower
Purchase Price: $165,000
Renovation Budget: $45,450
Loan Amount: $168,000
Cash Available for Purchase: $122,550
Cash Available for Renovation: $45,450
Loan Structure: 12 Months Interest Only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $300,000
Sale Price: $284,900
Exterior – Before
Exterior – After


This repeat borrower and experienced real estate investor came to Asset Based Lending for her latest fix and flip project in North Plainfield, New Jersey. ABL funded a hard money fix and flip loan for the purchase and renovation of a 1,500 sqft single family home. The scope of work for renovations was extensive, including gutting the kitchen and bathrooms, updating all electrical fixtures, installing a new roof and gutters, replacing the flooring, and even finishing the basement. These investors are experienced, and are acting as their own general contractor for this project.


Bedroom – Before
Kitchen – Before
Bedroom – After
Kitchen – After