The Client

Experienced Investor & Builder
• Loan Purpose
Land Purchase And New Construction
• Loan Structure
12 Months Interest Only

The Investment

• Purchase Price
$95,000
• Renovation Budget
$280,000
• Loan Amount
$300,000
• Cash Available for Purchase
$20,000
• Cash Available for Renovation
$280,000

The ABL Partnership

Asset Based Lending is thrilled to have this repeat borrower and experienced builder back for another hard money construction loan in St Petersburg, Florida. The finished build will be a 2,700 square foot 5-bedroom 3-bathroom single family home. With his track record, we can’t wait to see the finished project!

The Results

• After Repair Value
$500,000
• Sale Price
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