The Client

Experienced Investors
• Loan Purpose
Cash Out And Rehabilitation
• Loan Structure
12 months interest only

The Investment

• Purchase Price
$80,000
• Renovation Budget
$150,000
• Loan Amount
$184,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

These repeat borrowers and experienced real estate investors came to ABL for a hard money loan in Newark, NJ. The loan funded the fix and flip of a multi-family investment property, as and also provided cash out to the borrowers at closing.

The Results

• After Repair Value
$330,000
• Sale Price
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