The Client

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

The Investment

• Purchase Price
$131,000
• Renovation Budget
$110,800
• Loan Amount
$205,000
• Cash Available for Purchase
$94,200
• Cash Available for Renovation
$110,800

The ABL Partnership

ABL is glad to have this real estate investor back for his second hard money fix and flip loan with us! This fix and flip project in Philadelphia comes with an extensive rehab component. The scope of work for this $110,000 renovation includes adding approximately 450 square feet through a new 3rd floor and roof deck, new HVAC system, smart home technology, as well as a full gut of the interior finishes throughout. The final home will be an 1,800 square foot 3 bedroom, 2.5 bathroom single family home.

The Results

• After Repair Value
$377,000
• Sale Price
• Return on Investment
• Project Payoff
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