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PA Hard Money Lender – Telford Fix & Flip

Address: Telford, PA
Borrower Profile: Experienced Investor & Repeat Borrower
Work Description: Fix & Flip - Single Family
Purchase Price: $137,500
Renovation Budget: $50,000
Loan Amount: $159,000
Cash Available for Purchase: $109,000
Cash Available for Renovation: $50,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Fix And Flip Loan
ARV: $252,000
Situation:

Asset Based Lending is thrilled to have a repeat borrower and experienced investor back for his next fix and flip in Telford, Pennsylvania. This hard money loan includes a $50,000 budget for renovations. The scope of work includes replacing the roof and siding on the exterior as well as updating the bathrooms and kitchens throughout. The investor owns a construction company and we’re confident this fix and flip will result in a beautiful new home!

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