The Client

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

The Investment

• Purchase Price
$135,000
• Renovation Budget
$80,000
• Loan Amount
$188,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

Asset Based Lending funded this hard money loan for a real estate investor looking to purchase and rehab a single family home in Englewood New Jersey. The borrower had recently completely a successful flip in Elmwood Park NJ.

The Results

• After Repair Value
$313,000
• Sale Price
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