The Client

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

The Investment

• Purchase Price
$200,000
• Renovation Budget
$120,000
• Loan Amount
$280,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

Asset Based Lending recently funded a hard money loan in Miami Florida for the purchase and rehab of a single family home. The borrower is an experienced real estate investor who has successfully flipped over 100 projects throughout Florida. The project will require a substantial rehab, which will be managed by the investor’s trusted crew.

The Results

• After Repair Value
$570,000
• Sale Price
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