The Client

• Loan Purpose
Property Purchase And Rehabilitation
• Loan Structure
12 months interest only

The Investment

• Purchase Price
Owned free and clear
• Renovation Budget
$85,000
• Loan Amount
$115,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

This investor approached ABL looking to rehab a property in Sharon Hill PA that was gifted to him several years ago by a loved one. Once the rehab is complete, the units will become Veteran housing where the VA will begin placing veterans in need of a place to live. The exit strategy is to refinance out of the loan with a conventional lender once the renovations are complete.

The Results

• After Repair Value
$275,000
• Sale Price
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