The Client

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

The Investment

• Purchase Price
$180,000
• Renovation Budget
$120,000
• Loan Amount
$255,000
• Cash Available for Purchase
$135,000
• Cash Available for Renovation
$120,000

The ABL Partnership

ABL is very active in funding fix and flip projects in the Philadelphia area. This pair of Philly investors came to us seeking funding for a dilapidated property in need of repair. They were able to secure a hard money loan of $255,000 to put their plans into action.The property will receive a new kitchen and bathroom along with all new hardware and exterior features like fencing, exterior lighting, and a stoop. The space will be freshened up with new windows and a fresh coat of paint as well. We’re excited to see the finished product!

The Results

• After Repair Value
$450,000
• Sale Price
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