The Client

Experienced Investors
• Loan Purpose
Property Purchase And Rehabilitation
• Loan Structure
12 months interest only

The Investment

• Purchase Price
$314,000
• Renovation Budget
• Loan Amount
$301,200
• Cash Available for Purchase
$251,200
• Cash Available for Renovation
$50,000

The ABL Partnership

Asset Based Lending recently funded a fix and flip hard money money loan for these experienced investors in Pennsylvania. The scope of work for this $50,000 renovation includes new flooring, kitchen cabinetry and counter tops, complete rehabs of several bathrooms, upgrading lighting, and cosmetic work throughout.

The Results

• After Repair Value
$475,000
• Sale Price
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