The Client

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

The Investment

• Purchase Price
$426,000
• Renovation Budget
$30,000
• Loan Amount
$331,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

This experienced borrower completed more than 5 successful flips last year and selected this REO mutli-family duplex as his next project. Asset Based Lending funded a $331,000 loan for the purchase and rehab of the property, including renovating the kitchens and multiple bathrooms.

The Results

• After Repair Value
$510,000
• Sale Price
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