The Client

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

The Investment

• Purchase Price
$65,500
• Renovation Budget
$60,000
• Loan Amount
$100,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

ABL recently funded a $100,000 fix and flip hard money loan for a single family property in Irvington, NJ. This seasoned investor is in for a challenge with this foreclosed property. These experienced investors have their work cut out for them! For the interior, the kitchen and bathrooms each need to be completely renovated. New paint and flooring will be needed throughout the home and a few windows need to be installed. Along with the inside, the property will need a new railing and even possibly a new roof! We can’t wait to see the finished product!

The Results

• After Repair Value
$195,000
• Sale Price
• Return on Investment
• Project Payoff
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