The Client

First Time Investor
• Loan Purpose
Fix And Flip Loan
• Loan Structure
12 Months Interest Only
• Loan Used

The Investment

• Purchase Price
$257,000
• Renovation Budget
$35,000
• Loan Amount
$240,000
• Cash Available for Purchase
$205,000
• Cash Available for Renovation
$35,000

The ABL Partnership

ABL recently funded a hard money fix and flip loan for a first-time real estate investor that had just finished a popular investor training course. The scope of work for the rehab to this 5-bed 3-bathroom 2,500 square foot single family house is mostly cosmetic. The exterior rehab includes powerwashing, landscaping, and updating the driveway. Internally, the borrower will repair damaged areas, replace the flooring throughout, and update the major appliances.

The Results

• After Repair Value
$410,000
• Sale Price
• Return on Investment
• Project Payoff
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