The Client

Experienced Investor & Builder
• Loan Purpose
Cash Out And New Construction
• Loan Structure
12 Months Interest Only

The Investment

• Purchase Price
$192,000
• Renovation Budget
$458,000
• Loan Amount
$480,000
• Cash Available for Purchase
$22,000 (Cash Out)
• Cash Available for Renovation
$458,000

The ABL Partnership

After buying the land for cash, this investor came to Asset Based Lending for a hard money new construction loan to finance the build of a 5,000 sqft 4 bedroom single family property. The plans include impact glass, hurricane proof roofing, high end finishes in the kitchen and throughout the property, as well as high efficiency systems and a 3-car garage.

The Results

• After Repair Value
$800,000
• Sale Price
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