The Client

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

The Investment

• Purchase Price
$220,000
• Renovation Budget
• Loan Amount
$143,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

This returning borrower in Miami Florida enlisted Asset Based Lending for a hard money loan in order to fund the purchase of a single family home. The investor will do some light renovations to the property, and plans to flip it very quickly.

The Results

• After Repair Value
$240,000
• Sale Price
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