Asset Based Lending funded a hard money loan for a repeat borrower and experienced investor embarking on a fix and flip project in Bayonne, NJ. The property is a 2,500 sqft two-family property with the first floor consisting of 3 bedrooms with 1 bathroom, and the second floor comprised of 2 bedrooms and 1 bathroom. The property also features a large grass backyard, 1-car garage, and driveway. The $65,000 scope of work for renovations will go towards replacing the windows, roof, and siding as well as gutting the bathrooms and kitchens, refinishing the floors, and additional cosmetic upgrades throughout.
