The Client

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

The Investment

• Renovation Budget
$32,000
• Loan Amount
$225,000

The ABL Partnership

This borrower came to ABL for a cash out refi and rehab loan that would fund the property renovations, pay off the first lien, and provide liquidity for other businesses. The scope of work for the rehab includes adding a new bathroom, upgrading the kitchen, and exterior cosmetics work.

The Results

• After Repair Value
$800,000
hard money loan in Ridgefield Park NJ Ocean City NJ Cash Out - Ocean City Nj Cash Out Side 1
Ocean City NJ Cash Out - Ocean City Nj Cash Out Kitchen 1 1 3 Ocean City NJ Cash Out - Ocean City Nj Cash Out Living Room 9 Ocean City NJ Cash Out - Ocean City Nj Cash Out Bedroom 11 Ocean City NJ Cash Out - Ocean City Nj Cash Out Bathroom 1 1 2
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