The Client

• Loan Purpose
Property Purchase And Rehabilitation
• Loan Structure
12 months interest only

The Investment

• Purchase Price
$62,000
• Renovation Budget
$55,000
• Loan Amount
$92,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

These repeat borrowers consistently use Asset Based Lending’s hard money loans to fund their fix and flip projects in New Jersey. The scope of work for this deal in Irvington NJ includes tearing down most of the house and rebuilding with upgrades.

The Results

• After Repair Value
$190,000
• Sale Price
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