The Client

Experienced Investor
• Loan Purpose
Property Purchase & Rehabilitation
• Loan Structure
12 Months Interest Only

The Investment

• Purchase Price
$715,000
• Renovation Budget
$285,000
• Loan Amount
$850,000
• Cash Available for Purchase
$565,000
• Cash Available for Renovation
$285,000

The ABL Partnership

ABL now lends in the entire state of Florida! We recently funded a fix and flip hard money loan in Jupiter with a loan amount of $850,000. This property will undergo a major transformation. Upon completion of repairs, it is appraised at $1,750,000! So, what does the investor plan to do to the property? He plans to install all new recessed lighting fixtures, updated appliances, and new vanities and cabinets. Hardwood floors and marble will be installed throughout the home and a new standing bathtub will compliment the master bathroom. This investor is planning to do something unique: he will install the Smart Home System which will manage all light switches, motorized shades, and cameras inside the house. This finished project will be a must see!

The Results

• After Repair Value
$1,750,000
• Sale Price
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