Asset Based Lending recently funded a fix and flip loan to a repeat borrower and experienced real estate investor in Calumet City Illinois. For this fix and flip, the borrower intends to perform a cosmetic rehab. The exterior work includes freshening up the landscaping and updating the doors. For the interior, the borrower will install LVP flooring in the kitchen and keep the existing floors throughout the home. The kitchen upgrades include installing new appliances, repainting cabinets, and updating the bathroom fixtures. Once renovations are complete, this borrower will list this property for final sale.
