The Client

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

The Investment

Gut Renovation - Single Family
• Purchase Price
$65,000
• Renovation Budget
$60,000
• Loan Amount
$100,000
• Cash Available for Purchase
$40,000
• Cash Available for Renovation
$60,000

The ABL Partnership

Asset Based Lending recently funded a hard money loan for a fix and flip project in Panama City, Florida. On their 2nd deal with us, these investors are buying a 3 bedroom 1 bathroom single family home spanning approximated 1,014 square feet. The $60,000 scope of work is extensive for this home, including a full interior gut renovation and the addition of a new bathroom.

The Results

• After Repair Value
$175,000
• Sale Price
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