The Client

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

The Investment

Fix & Flip - Multi Family
• Purchase Price
$150,000
• Renovation Budget
$30,000
• Loan Amount
$153,000
• Cash Available for Purchase
$123,000
• Cash Available for Renovation
$30,000

The ABL Partnership

This investor is not holding back for her first fix and flip, choosing a 4-family home in Irvington for her first deal. The rehab work should be smooth and simple, with mostly cosmetic fixes to the floors and basement. The most intense repairs required for this flip involve the plumbing, but we are confident that our borrower will get her permits in order, her property up to par, and her purchase back on the market in no time.

The Results

• After Repair Value
$256,000
• Sale Price
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