Asset Based Lending recently funded a hard money new construction loan in Rockwall, Texas county. The borrower is a first time borrower and first time real estate investor. The proposed plan is for a single family 4-bedroom, 3.5-bathroom measured at 3,365 square feet. The property will be highlighted by high-end finishes, vinyl mosaic windows, 10-foot high ceilings, LVP floors, and solid core doors. Kitchen will feature stone counters, large island, white maple wood cabinets, and high-end stainless steel appliances. Bathrooms will feature tile floors, tub & shower combos, and dual vanities in the master bedroom. Project is expected to take up to eight months with final sale occurring shortly after completion.
