The Client

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

The Investment

• Purchase Price
$240,000
• Renovation Budget
$50,000
• Loan Amount
$242,000
• Cash Available for Purchase
$192,000
• Cash Available for Renovation
$50,000

The ABL Partnership

Asset Based Lending is glad to have this experienced investor and repeat borrower back for another fix and flip loan. This hard money loan is financing the purchase and rehab of a multi-family property in Staten Island New York. The scope of work for renovations includes gutting the bathrooms and kitchens, replacing moldings, doors, and fixtures, and a new coat of paint throughout. This borrower always delivers a high quality product in a short period of time, so we can’t wait to see how this one turns out!

The Results

• After Repair Value
$490,000
• Sale Price
Back To All Case Studies