The Client

Experienced Investor & Real Estate Agent
• Loan Purpose
Fix And Flip Loan
• Loan Structure
12 Months Interest Only

The Investment

Fix & Flip - Single Family
• Purchase Price
$90,000
• Renovation Budget
$45,000
• Loan Amount
$108,000
• Cash Available for Purchase
$63,000
• Cash Available for Renovation
$45,000

The ABL Partnership

Asset Based Lending recently funded a hard money fix and flip loan for an experienced Pennsylvania real estate investor in Lansdowne, Pennsylvania. The single-family property has a 4 bed/ 2.5 bath layout. The scope of work includes exterior siding and woodwork, a flooring makeover, a kitchen renovation, and bathroom upgrades.

The Results

• After Repair Value
$190,000
• Sale Price
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