The Client

Repeat Borrower
• Loan Purpose
Property Purchase & Rehabilitation
• Loan Structure
12 months interest only

The Investment

• Purchase Price
$65,000
• Renovation Budget
$55,000
• Loan Amount
$100,000
• Cash Available for Purchase
$45,000
• Cash Available for Renovation
$55,000

The ABL Partnership

These investors are on their second fix and flip, and second fix and flip loan with Asset Based Lending. Throughout the course of renovations, the investors will add two new bedrooms and a full bathroom to this two-family property. The scope of work also includes completely new kitchens, bathrooms, and flooring.

The Results

• After Repair Value
$175,000
• Sale Price
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