The Client

Repeat Borrower
• Loan Purpose
Fix And Flip Loan
• Loan Structure
12 Months Interest Only

The Investment

• Purchase Price
$242,000
• Renovation Budget
$28,000
• Loan Amount
$220,000
• Cash Available for Purchase
$192,000
• Cash Available for Renovation
$28,000

The ABL Partnership

Asset Based Lending is glad to have this repeat borrower back for his second investment property with us. This deal is a hard money loan for a fix and flip project in Fairfield, CT. The scope of work for renovations of this 1132 square foot single family property includes gutting the kitchen and bathrooms, replacing flooring, and updating the walls throughout.

The Results

• After Repair Value
$340,000
• Sale Price
Back To All Case Studies