The Client

2nd flip - full time teacher
• Loan Purpose
Property Purchase And Rehabilitation
• Loan Structure
12 months interest only

The Investment

• Purchase Price
$80,000
• Renovation Budget
$28,000
• Loan Amount
$87,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

This investor is on his second deal, both funded with Asset Based Lending. ABL’s hard money loan will be used to purchase and renovate the property including upgrading the floor, replacing old lighting fixtures, installing new toilets and plumbing in the bathroom, as well as fixing pre-existing safety issues with the basement.

The Results

• After Repair Value
$183,000
• Sale Price
Back To All Case Studies