Asset Based Lending recently funded a hard money fix and flip loan in Lithonia, Georgia for an experienced fix and flip investor and real estate marketer. The property was purchased for $233,147 with a loan amount of $213,000. The scope of work for this 2,627 square foot property includes new paint, fixtures, and counter tops. Borrower has extra funds for other small cosmetic repairs that may pop up during the project. The timeline of this renovation is estimated at two to three months and the investor plans to sell the property.
