Rutherford New Jersey Fix And Flip Hard Money Loan
Address: Rutherford, NJ
Purchase Price: $310,000
Renovation Budget: $150,000
Loan Amount: $391,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $617,000
Situation:
Asset Based Lending recently funded a hard money loan to an experienced investor and real estate professional in New Jersey. Located in Rutherford New Jersey, the single family home will require extensive renovations which will be managed by the investor’s own development team.
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