The Client

Experienced Real Estate Developer
• Loan Purpose
Property Purchase And Rehabilitation
• Loan Structure
12 months interest only

The Investment

• Purchase Price
$142,000
• Renovation Budget
$85,000
• Loan Amount
$192,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

ABL recently funded a hard money fix and flip loan for a single family property in Lansdale, Pennsylvania. The borrower has completed several similar projects in the last couple of years, and expects the renovations to be completed in 3 months. The scope of work for renovations is fairly extensive, and includes overhauling the kitchens and bathrooms.

The Results

• After Repair Value
$320,000
• Sale Price
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