The Client

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

The Investment

• Purchase Price
$100,000
• Renovation Budget
$80,000
• Loan Amount
$153,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

Asset Based Lending recently funded a $153,000 fix and flip hard money loan for the purchase and rehab of a property in Oxford, PA. This property hasn’t been updated in over thirty years! The scope of work for this property includes a new kitchen, 2 full bathroom renovations, as well as fresh paint and flooring upgrades throughout. 26 windows need to be replaced and the property is in need of a brand new duct system. Our experienced investors are working hard to get this property move-in-ready quickly! We can’t wait to see how they do.

The Results

• After Repair Value
$257,000
• Sale Price
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