The Client

• Loan Purpose
Property Purchase And Rehabilitation
• Loan Structure
12 months interest only

The Investment

• Purchase Price
$155,000
• Renovation Budget
$70,000
• Loan Amount
$194,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

On his second deal with ABL, this Long Island borrower is planning on completing this moderate rehab in 4 months. The scope of work for the fix and flip project includes a new kitchen, completely renovated bathrooms, new roofing, and internal/external cosmetic upgrades.

The Results

• After Repair Value
$300,000
• Sale Price
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