The Client

First time investors
• Loan Purpose
Purchase And Rehab
• Loan Structure
12 months interest only

The Investment

• Purchase Price
$76,000
• Renovation Budget
$25,000
• Loan Amount
$85,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

This husband and wife investor team came to Asset Based Lending through a broker referral. While they were first time investors, one member of the group had extensive experience as a general contractor. The property was purchased through foreclosure and the borrowers needed the loan closed in one week. ABL delivered.

The Results

• After Repair Value
$150,000
• Sale Price
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