The Client

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

The Investment

• Purchase Price
$320,000
• Renovation Budget
$20,000
• Loan Amount
$208,000
• Cash Available for Purchase
$208,000
• Cash Available for Renovation
$0

The ABL Partnership

Asset Based Lending recently funded the purchase component of a fix and flip deal for an experienced borrower in Nassau County NY. On her own, the borrower will complete some cosmetic renovations, including updating the kitchen and bathroom.

The Results

• After Repair Value
$320,000
• Sale Price
• Return on Investment
• Project Payoff
Back To All Case Studies