Asset Based Lending recently funded a hard money fix and flip loan in North Miami Florida. The borrower is a repeat borrower and full-time real estate investor. The property is a single-family 3-bedroom, 2-bathroom measured at 1,661 square feet. Exterior updates include repairing the roof, installing new HVAC, and introducing a new fiberglass inground pool with concrete patio. Interior updates include the kitchen receiving new shaker cabinets, quartz countertops, and new appliances. Bathrooms will receive new vanities, fixtures, tubs, and toilets. Other upgrades include new windows, new doors, new electrical, and repairs to plumbing. Project is expected to take four months with final sale occurring shortly after completion.
