The Client

2nd time flippers
• Loan Purpose
Property Purchase And Rehabilitation
• Loan Structure
12 Months interest only

The Investment

Fix and flip of single family home in Paramus New Jersey
• Purchase Price
$460,000
• Renovation Budget
$60,000
• Loan Amount
$428,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

Borrower team of 50/50 partners found Asset Based Lending through our website. With one NJ flip already under their belt, Asset Based Lending was happy to provide a hard money loan to fund their fix and flip project in Paramus.

The Results

• After Repair Value
$605,000
• Sale Price
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