The Client

• Loan Purpose
Refinance And Rehabilitation
• Loan Structure
12 months interest only
• Loan Used

The Investment

• Purchase Price
• Renovation Budget
$30,000
• Loan Amount
$211,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

A current ABL borrower needed a hard money loan in order to refinance a property and buy out his partner. In addition, the rehab costs will allow the investor to convert a barn on the property to 5 residential units.

The Results

• After Repair Value
$365,000
• Sale Price
• Return on Investment
• Project Payoff
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