The Client

First Time Investor
• Loan Purpose
Fix And Flip Loan
• Loan Structure
12 Months Interest Only

The Investment

Fix & Flip - Single Family
• Purchase Price
$208,500
• Renovation Budget
$62,000
• Loan Amount
$227,500
• Cash Available for Purchase
$165,500
• Cash Available for Renovation
$62,000

The ABL Partnership

This three-bedroom single family home in Bloomfield NJ is a bit outdated, but otherwise in great shape. All our borrower needs to do is install new wood flooring, update the kitchen and bathrooms, and refinish the basement before it’s ready to go back on the market. For a first time fix and flip investor, cosmetic fixes like these are ideal; we are confident that this hard money loan will be smooth sailing for everyone involved.

The Results

• After Repair Value
$321,000
• Sale Price
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