fix and flip investment properties

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Rutherford New Jersey Fix And Flip Hard Money Loan

Address: Rutherford, NJ
Borrower Profile: Experienced investor team
Purchase Price: $350,000
Renovation Budget: $180,000
Loan Amount: $448,000
Cash Available for Purchase: $268,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase And Rehabilitation
ARV: $690,000
Sale Price: $799,000
Situation:

The experienced team of investors approach Asset Based Lending for a hard money loan to fund the purchase and rehab of this 1,800 square foot single family home in Rutherford New Jersey. This home needed exterior work including full landscaping and tree service, all new windows, new siding, new deck, new roof, new front porch, and a Car Port. The interior work included restructuring the second and third floors, full renovation of the kitchen, renovation of 2 full bathrooms and a small addition with a new master bath, new hardwood floors, new trim work, and new paint. Electrical and plumbing upgrades were also included in the scope of work.

Outcome:

Take a look at this before and after video to see the project’s outcome for yourself.

Bathroom before renovations
Before - Bathroom
Master bathroom after private loan renovations
After - Master Bathroom
Kitchen before hard money funded renovations
Before - Kitchen
Kitchen after private loan funded renovation
After - Kitchen
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