The Client

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

The Investment

• Purchase Price
$88,000
• Renovation Budget
$17,500
• Loan Amount
$85,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

These investors are repeat borrowers that enlisted Asset Based Lending for a hard money loan to finance the purchase and rehabilitation of single family home in Pennsauken NJ. The project rehab includes repairing the siding, refurnishing the kitchen with new appliances and plumbing, replacing all flooring, and refurnishing the bathrooms.

The Results

• After Repair Value
$168,000
• Sale Price
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