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$75k Construction Loan. New Jersey Single Family, ARV $525k

Darrell Michael Bailey
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Funding Opportunity: 109 Bedford St, East Orange, NJ 07018 Investment Opportunity Overview: Property Type: 3 bedroom single family home with open plan layout. Purchase Price: $200K Current Offers: $280K (received prior to renovation) Projected After-Repair Value (ARV): $525K+ (lender appraisal available) Pictures of home prior to renovations: https://www.zillow.com/homedetails/109-Bedford-St-East-Orange-NJ-07018/38650507_zpid/?view=public Project Highlights: Spacious main floor with newly added master/guest bedroom Enhanced second floor layout with expanded rooms for comfort Planned second-floor deck for entertainment and increased market appeal. Basement completion and HVAC system installation for modernized living Funding Needed: $75K for the following final renovations: Complete external siding HVAC installation Front retaining wall construction Paving at the rear and front of the property Second-floor deck addition Basement renovation Interior fixtures and fittings Repayment of $35K to initial capital partner Funding Terms: Investment Type: Private loan: Expected Completion: 3-6 months Projected Returns: TBC Why Invest in 109 Bedford St? Located in East Orange, NJ, this property has high demand due to its proximity to NYC and anticipated appreciation through strategic upgrades. With a comprehensive construction plan already in motion, we’re confident in this property’s potential for a strong return. https://www.facebook.com/share/v/EhiZTJzrWPBWJNdX/