The Client

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

The Investment

• Purchase Price
$185,000
• Renovation Budget
$78,000
• Loan Amount
$223,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

These investors are full time realtors, with extensive experience finding and selling investment properties. After graduating a well-known property fix and flip training class, they came to Asset Based Lending for hard money loans to fund their deals. The scope of work on this flip is fairly extensive, and includes a full kitchen renovation, additional bathroom, and all new electrical systems.

The Results

• After Repair Value
$375,000
• Sale Price
• Return on Investment
• Project Payoff
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