The Client

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

The Investment

• Purchase Price
$301,000
• Renovation Budget
$40,000
• Loan Amount
$280,000
• Cash Available for Purchase
$240,000
• Cash Available for Renovation
$40,000

The ABL Partnership

This fix and flip property needs some work! Not a major rehab though, all our investor really needs to do is clean, spruce things up, and update the electric, plumbing, and appliances! He’s going to make a lot of cosmetic renovations with his $40,000 rehab budget, replacing the kitchen cabinets, countertops, and backsplash, installing new carpet in the basement, and adding a deck. He’s done a similar project before, so we are sure that he will flip this house in no time. We can’t wait to see the result of his hard work!

The Results

• After Repair Value
$440,000
• Sale Price
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