The Client

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

The Investment

Fix & Flip – Single-Family
• Purchase Price
$215,000
• Renovation Budget
$78,975
• Loan Amount
$262,000
• Cash Available for Purchase
$183,025
• Cash Available for Renovation
$78,975

The ABL Partnership

Asset Based Lending recently funded a hard money fix and flip loan to an experienced real estate investor in Arnold, Maryland—offering 85% purchase and 100% rehab. This 1,500 square foot single-family property has 4 bedrooms and 2 bathrooms. The scope of work for this property includes bathroom upgrades, new plumbing, new siding, and outdoor repairs.

The Results

• After Repair Value
$333,000
• Sale Price
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