The Client

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

The Investment

Fix & Flip - Single Family
• Purchase Price
$132,000
• Renovation Budget
$30,650
• Loan Amount
$136,000
• Cash Available for Purchase
$106,000
• Cash Available for Renovation
$30,000

The ABL Partnership

Although this investor lives in California, her Delaware contacts keep her updated when great investment opportunities like this $132k ranch come on the market. With the help of a project manager, she plans to install gas heating, remove the fireplace, upgrade the HVAC and electric, add a full bath, gut the kitchen and bath, and add granite finishes and luxury vinyl tile floorings – all within 10 weeks. As a licensed contractor herself, this investor knows her stuff; we look forward to watching this repeat borrower pull off yet another professional, efficient Delaware flip and bring this outdated ranch up to speed with its neighbors.

The Results

• After Repair Value
$210,000
• Sale Price
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