The Client

Experienced Investor & Contractor
• Loan Purpose
Fix And Flip Loan
• Loan Structure
12 Months Interest Only
• Loan Used

The Investment

• Purchase Price
$205,000
• Renovation Budget
$40,000
• Loan Amount
$200,000
• Cash Available for Purchase
$160,000
• Cash Available for Renovation
$40,000

The ABL Partnership

These experienced investors and licensed contractors came to Asset Based Lending for a hard money fix and flip loan in order to buy and renovate a single family property in Brick, NJ. The scope of work for renovations includes minor interior demolition, repairs to the roofing and siding, new windows, new floors throughout, new drywall, and upgrades to the kitchen and bathrooms.

The Results

• After Repair Value
$308,000
• Sale Price
• Return on Investment
• Project Payoff
Back To All Case Studies