The Client

• Loan Purpose
Purchase And Rehabilitation
• Loan Structure
12 months interest only

The Investment

• Purchase Price
$350,000
• Renovation Budget
$50,000
• Loan Amount
$330,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

This investor team found ABL through a broker referral and contacted us in order to secure funding for their fix and flip project in Norwalk CT. The single family home had a recently renovated kitchen, and one of the borrowers was a licensed contractor who would be responsible for the project’s rehab. The strategy was to complete the renovations in one to two months and then sell the property.

The Results

• After Repair Value
$520,000
• Sale Price
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