The Client

• Loan Purpose
Fix And Flip Loan
• Loan Structure
12 Months Interest Only

The Investment

• Purchase Price
$1,400,000
• Renovation Budget
$550,000
• Loan Amount
$1,450,000
• Cash Available for Purchase
$900,000
• Cash Available for Renovation
$550,000

The ABL Partnership

This Long Island real estate investor found ABL through an online search. The scope of work for this $550,000 Suffolk County renovation includes a new pool, finishing the basement, removing the chimney and fireplace, new siding, new appliances, and totally gutting the kitchen and bathrooms. All finishes will be high-end to match market demand.

The Results

• After Repair Value
$2,400,000
• Sale Price
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