The Client

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

The Investment

Gut Renovation Of Single Family Property
• Purchase Price
$257,500
• Renovation Budget
$90,000
• Loan Amount
$295,000
• Cash Available for Purchase
$205,000
• Cash Available for Renovation
$90,000

The ABL Partnership

ABL is proud to have this repeat borrower and experienced real estate investor back for his next fix and flip project! The deal is a hard money loan for the purchase and rehab of a single family home in Morris county, New Jersey. The investor is an experienced contractor, adequately prepared to take on the significant renovation this property needs. The scope of work includes adding a bedroom and 2 new bathrooms, in addition to gutting the kitchen, replacing the flooring, and adding central air.

The Results

• After Repair Value
$475,000
• Sale Price
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