Annandale Virginia Hard Money Loan
HMB funded this Virginia hard money loan in February 2010. The Borrower purchased this property at a discount at an auction. They renovated the kitchen and bathrooms, and replaced the carpet and painted the entire townhouse. The Buyer listed the house for $100,000 higher than they purchased it for. This was a win win project for Hard Money Bankers and this Virginia based real estate investor. Hard Money Bankers funded the majority of the acquisition costs.