The Client

Experienced Investor & Repeat Borrower
• Loan Purpose
Fix And Flip Loan
• Loan Structure
12 Months Interest Only
• Loan Used

The Investment

Fix & Flip - Multi Family 4
• Purchase Price
$405,000
• Renovation Budget
$10,000
• Loan Amount
$351,000
• Cash Available for Purchase
$341,000
• Cash Available for Renovation
$10,000

The ABL Partnership

Asset Based Lending recently funded a fix and flip in Linden NJ at 75% of ARV for an experienced investor and repeat borrower. This 4 unit multi family is made up of all 1 bedrooms in excellent condition and requires little to no rehab. We’re glad to have this investor back for another deal!

The Results

• After Repair Value
$469,000
• Sale Price
• Return on Investment
• Project Payoff
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