The Client

• Loan Purpose
Property Purchase And Rehabilitation
• Loan Structure
12 Months Interest Only

The Investment

• Purchase Price
$83,000
• Renovation Budget
$35,000
• Loan Amount
$100,000
• Cash Available for Purchase
$65,000
• Cash Available for Renovation
$35,000

The ABL Partnership

Asset Based Lending recently funded a fix and flip hard money loan for a pair of real estate investors in Fort Lauderdale, Florida. Some of the property was damaged in a fire, so the experienced investors will use their expertise to renovate the impacted interior while leaving the walls, windows, and roof in place. The plan for the finished product to to rent it out or sell to another investor.

The Results

• After Repair Value
$155,000
• Sale Price
Back To All Case Studies