The Client

First Time Investor
• Loan Purpose
Property Purchase & Rehabilitation
• Loan Structure
12 Months Interest Only

The Investment

• Purchase Price
$101,000
• Renovation Budget
$80,000
• Loan Amount
$153,000
• Cash Available for Purchase
$73,000
• Cash Available for Renovation
$80,000

The ABL Partnership

We love our Maryland fix and flips! This single family property is getting a major upgrade with two new bedrooms and a bath on the upper level. The investor will also install brand new electric, plumbing, and HVAC. Plus, he’s going to replace the windows, roof, and gutters. Even though it’s his first project, this investor clearly understands that appearances are important; he set aside a couple thousand for facade details, landscaping, and a final clean once all the heavy work is done. We’re looking forward to seeing the finished project!

The Results

• After Repair Value
$288,000
• Sale Price
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