Asset Based Lending recently funded a hard money loan for a fix and flip project in Wood Ridge NJ. The investors, on their 4th deal with ABL, are purchasing a bank-owned single family house in Bergen County in need of $23,000 in renovations. The rehab is mostly cosmetic, and includes updating the floors, kitchen, and bathrooms. ABL was able to fund this loan at 89% of Purchase and 100% of Rehab.
