The Client

• Loan Purpose
Cash Out And Rehabilitation
• Loan Structure
12 months interest only

The Investment

• Purchase Price
• Renovation Budget
$180,000
• Loan Amount
$205,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

This investor team is made up of an experienced contractor/flipper and a full time realtor in New Jersey. The investors purchased the house with their own capital, and are using ABL’s hard money loan for the renovations. The scope of work for the fix and flip of this single family home in Glen Ridge NJ is extensive and will be managed by the same construction team that the investors used on previous projects.

The Results

• After Repair Value
$758,000
• Sale Price
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