The Client

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

The Investment

• Purchase Price
$85,000
• Renovation Budget
$67,000
• Loan Amount
$129,000
• Cash Available for Purchase
$62,000
• Cash Available for Renovation
$67,000

The ABL Partnership

Asset Based Lending recently funded a hard money fix and flip loan for a purchase and rehab deal in Philadelphia, PA. The scope of work for this 1,080 square foot single family property is extensive. This experienced investor and former CPA plans on replacing the electrical systems, gutting the bathrooms and kitchen, as well as replacing the floors throughout.

The Results

• After Repair Value
$200,000
• Sale Price
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