The Client

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

The Investment

Fix & Flip - Single Family
• Purchase Price
$155,000
• Renovation Budget
$30,000
• Loan Amount
$155,000
• Cash Available for Purchase
$125,000
• Cash Available for Renovation
$30,000

The ABL Partnership

After moving to Florida about a year ago, these real estate investors have decided to launch their first fix and flip in their new home state with a project in Cape Coral. ABL financed a hard money loan for the purchase and rehab of this 3 bed / 2 bath home in need of roughly $30,000 in renovations. The renovation has already been started, so the remaining work is mostly cosmetic.

The Results

• After Repair Value
$246,000
• Sale Price
• Return on Investment
• Project Payoff
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