Asset Based Lending recently funded a hard money new construction loan in Eden North Carolina. The borrower is a repeat borrower and experienced real estate investor. The proposed build is for two identical single-family homes with 3-bedrooms, 2-bathrooms measured at a total of 1,100 square feet. These Craftsman-style bungalos will feature mid-grade finishes, stone facade, double hung windows, nine-foot-high ceilings throughout, oak hardwood floors, and base moldings. Kitchens will be highlighted by granite countertops, soft-close doors and drawers, and stainless steel appliances while the bathrooms are highlighted by unique tiling in each. Project is expected to take four months with final sale expected before the construction is completed.
