The Client

• Loan Purpose
Cash Out & Refinance
• Loan Structure
12 months interest only

The Investment

• Purchase Price
• Renovation Budget
• Loan Amount
$2,340,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

The owner of the building purchased it over 40 years ago for $85,000 and it is now appraised to be worth $16,000,000. Borrower was looking for cash out on the property.

The Results

• After Repair Value
$16,000,000
• Sale Price
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