The Client

Real Estate Professionals
• Loan Purpose
Property Purchase And Rehabilitation
• Loan Structure
12 Months Interest Only

The Investment

• Purchase Price
$381,000
• Renovation Budget
$150,000
• Loan Amount
$422,000
• Cash Available for Purchase
$305,000
• Cash Available for Renovation
$117,000

The ABL Partnership

This husband and wife real estate team has many years of experience building and renovating properties in the state of New Jersey. This property was found at autction, and requires extensive work. The rehab schedule for this fix and flip includes adding an additional bedroom and bathroom with around 1,200 square feet. The rest of the property will be completely gutted, upgraded, and modernized to match the local market demand.

The Results

• After Repair Value
$650,000
• Sale Price
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