The Client

Experienced Investor
• Loan Purpose
Property Purchase & Rehabilitation
• Loan Structure
12 Months Interest Only
• Loan Used

The Investment

• Purchase Price
$500,000
• Renovation Budget
$113,000
• Loan Amount
$503,000
• Cash Available for Purchase
$390,000
• Cash Available for Renovation
$113,000

The ABL Partnership

This borrower has big plans for her New Jersey fix and flip, transforming the $500,000 single-family house into a $775,000 home. She won’t be skimping on rehabs, investing over $100,000 to make sure that this property reaches its full potential. The biggest undertaking will be the kitchen remodel, where our borrower will spend a total of $14,000 on cabinets, countertops, backsplash, plumbing, and electrical work. Additionally, the house will be sure to make a good first impression on potential buyers with its brand new, $3,000 front door!

The Results

• After Repair Value
$775,000
• Sale Price
• Return on Investment
• Project Payoff
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