Hard Money Lender: Asset Based Lending (Hoboken, NJ)

[Ben C.]

Has anyone worked with this hard money lender?

If so, experiences?

Thanks!

[Derrick Moore]

I don't see the name??

[Ben C.]

Derrick Moore I am sorry I don't understand what you are asking...

[Justin Mespelt]

It looks like the company name is "Asset Based Lending" out of New Jersey. Correct?

[Ben C.]

Justin Mespelt yes correct out of Hoboken, Nj.

[Ben C.]

Scott Buchholz hello Scott. Can you give me a brief overview of asset based lending?

Thanks!

[Scott Buchholz]

@Ben C. Asset Based Lending is taking a look specifically at the property, making sure that it meets a lenders guidelines, in terms of the type of property it is, where it is located, the overall population of the city, whether it is income producing, and often how the property is zoned and how the property reflects in publicly recorded records.