The Client

• Loan Purpose
Fix And Flip Loan
• Loan Structure
12 Months Interest Only

The Investment

• Purchase Price
$303,000
• Renovation Budget
$60,000
• Loan Amount
$290,000
• Cash Available for Purchase
$230,000
• Cash Available for Renovation
$60,000

The ABL Partnership

This borrower came to ABL through a broker that met some members of our team at a broker’s open house for another one of our borrowers. The hard money loan for this fix and flip will finance the purchase and $60,000 renovation of this single family home purchased through sheriff’s sale.

The Results

• After Repair Value
$450,000
• Sale Price
Back To All Case Studies