The Client

Experienced Investor
• Loan Purpose
Property Purchase Only
• Loan Structure
12 months interest only

The Investment

• Purchase Price
$75,000
• Renovation Budget
$25,000
• Loan Amount
$80,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

Asset Based Lending recently funded a $80,000 hard money loan for a fix and flip project in Allentown, PA. The property needs a complete renovation of the bathroom, as well as an upgrade on all kitchen cabinets and appliances. Most of the windows in the property need to be replaced and a fresh coat of paint will be added throughout the home! The floors will need to be cleaned and maybe re-finished before the home will be “move-in-ready”. These seasoned investors plan to complete this home in only a few short months, and we’re excited to see the outcome!

The Results

• After Repair Value
$146,000
• Sale Price
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