The Client

Moderately Experienced Investor
• Loan Purpose
Property Purchase & Rehabilitation
• Loan Structure
12 Months Interest Only

The Investment

• Purchase Price
$723,434
• Renovation Budget
$30,000
• Loan Amount
$450,000
• Cash Available for Purchase
$420,000
• Cash Available for Renovation
$30,000

The ABL Partnership

ABL recently funded hard money fix and flip loan for the purchase and rehab of a 6-unit property in Union City NJ. Once the current tenements are relocated, the $30,000 rehab budget will be put to work replacing floors, painting the unit interiors, updating plumbing and electrical systems, as well as renovating the kitchens with new appliances.

The Results

• After Repair Value
$700,000
• Sale Price
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