The Client

Seasoned investors in the Miami Dade area with experience building and selling single family homes.
• Loan Purpose
New Construction
• Loan Structure
12 months interest only

The Investment

New construction of two lots in Miami Gardens FL
• Purchase Price
$99,000
• Renovation Budget
$220,000
• Loan Amount
$270,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

Seasoned investors approached Asset Based Lending looking for a hard money loan to fund their new construction project. The investors purchased two lots in Miami Gardens, each with an After Repair Value of around $230,000.

The Results

• After Repair Value
$450,000
• Sale Price
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