The Client

• Loan Purpose
Property Purchase And Rehabilitation
• Loan Structure
12 Months Interest Only
• Loan Used

The Investment

• Purchase Price
$70,000
• Renovation Budget
$70,000
• Loan Amount
$112,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

Asset Based Lending recently funded a hard money fix and flip loan that came to us through a trusted hard money loan broker. This investor group is managed by three partners with a variety of experience in the real estate and financial industries. The scope of work for this mutli-family building in Irvington NJ includes new plumbing and electrical systems, overhauled kitchens, and exterior cosmetic upgrades.

The Results

• After Repair Value
$200,000
• Sale Price
• Return on Investment
• Project Payoff
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