The Client

• Loan Purpose
Property Purchase Only
• Loan Structure
12 Months Interest Only

The Investment

Purchase Only - Single Family
• Purchase Price
$305,000
• Renovation Budget
$0
• Loan Amount
$198,000
• Cash Available for Purchase
$198,000
• Cash Available for Renovation
$0

The ABL Partnership

Asset Based Lending recently financed the purchase of a 2,300 square foot 3 bed / 2 bath single family home in a gated 55+ community. The property needs minor cosmetic renovations that the borrower has elected to self-finance.

The Results

• After Repair Value
$335,000
• Sale Price
Back To All Case Studies