The Client

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

The Investment

• Purchase Price
$211,000
• Renovation Budget
$90,000
• Loan Amount
$255,000
• Cash Available for Purchase
$165,000
• Cash Available for Renovation
$90,000

The ABL Partnership

This repeat borrower came back to Asset Based Lending for a hard money loan to fund the purchase and rehab of a single family home in Nassau County NY. This fix and flip has a $90,000 renovation budget, and we can’t wait to see what this experienced investor does with this total gut rehab!

The Results

• After Repair Value
$400,000
• Sale Price
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