The Client

• Loan Purpose
Fix And Flip Loan
• Loan Structure
12 Months Interest Only
• Loan Used

The Investment

• Purchase Price
$516,000
• Renovation Budget
$83,800
• Loan Amount
$325,000
• Cash Available for Purchase
$241,200
• Cash Available for Renovation
$83,800

The ABL Partnership

This experienced buy rehab and rent investor met ABL at a real estate investors meetup in Connecticut, and decided to use us for her first fix and flip deal. The property is a 4 bedroom 2 bathroom, 4,000 square foot single family REO that has been vacant for 2 years. The scope of work for renovations includes cleaning up the exterior landscaping, refinishing the floors, fixing drywall, updating the bathrooms, and minor plumbing system work.

The Results

• After Repair Value
$705,000
• Sale Price
• Return on Investment
• Project Payoff
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