The Client

Experienced Investor & Realtor
• Loan Purpose
Property Purchase And Rehabilitation
• Loan Structure
12 months interest only
• Loan Used

The Investment

• Purchase Price
$189,000
• Renovation Budget
$65,000
• Loan Amount
$198,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

The borrower for this fix and flip deal in Newark NJ is an experienced real estate professional having been a real estate agent in the area for several years, and conducting several previous flips. The scope of work for rehab includes overhauling the bathrooms, finishing the basement, updating the exterior cosmetics, and renovating the kitchen.

The Results

• After Repair Value
$330,000
• Sale Price
• Return on Investment
• Project Payoff
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