The Client

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

The Investment

• Purchase Price
$80,000
• Renovation Budget
$15,000
• Loan Amount
$75,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

Asset Based Lending recently funded a hard money loan for a fix and flip real estate investment in Fort Lauderdale, Florida. The borrower’s deal initially fell through while working with a large national lender, but ABL was able to step in and close the deal.

The Results

• After Repair Value
$135,000
• Sale Price
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