Westfield, NJ Fix & Flip
Address: Westfield, NJ
Purchase Price: $760,000
Renovation Budget: $200,000
Loan Amount: $816,000
Loan Structure: 12 months interest only
Loan Purpose: Purchase And Rehab
ARV: $1,275,000
Situation:
This brother sister investing team came to ABL looking for a hard money loan to finance the purchase and rehabilitation of a single family home in Westfield New Jersey. This was their first flip in New Jersey, but they’ve previously flipped several projects in other areas of the country.
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