The Client

New Investor and Experienced Investor
• Loan Purpose
Fix And Flip Loan
• Loan Structure
12 Months Interest Only

The Investment

Fix & Flip - Single Family
• Purchase Price
$225,000
• Renovation Budget
$125,000
• Loan Amount
$323,000
• Cash Available for Purchase
$198,000
• Cash Available for Renovation
$125,000

The ABL Partnership

This 2 bed, 2 bath New Jersey home needs a lot of work before it’s ready to go back on the market for over half a million dollars. Luckily, one half of this flipping duo is an experienced contractor who has completed more than 10 full-gut rehab projects. Our borrowers will be improving this Cape Cod Style home with a fully vinyl exterior, an expanded master bedroom, new door and 15 new windows, laminate floors, and an open floor plan. They will be preserving the original hardwood floors to maintain the house’s old-school charm. With so many desirable updates, buyers will be lining up to purchase this finished fix and flip!

The Results

• After Repair Value
$540,000
• Sale Price
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