Rehab + New Level addition Loan in Belle Meade NJ

[Abhra Mukherjee]

Hi Everyone

I have just acquired a REO property with cash in an A+ town and looking for Rehab Loan. This is a gut rehab + master suite addition. I have the architectural plans ready. Contractor is ready to start the work.

The details are below

Address- 64 Jamestown Road, Belle Meade NJ 08502

Purchase Price - $235000

Rehab + New Level addition = $150,000

ARV ( already appraised ) = $595,000

Length of Rehab - 5 months.

Thanks

Abhra