The Client

• Loan Purpose
Cash Out Refi & New Construction
• Loan Structure
12 months interest only

The Investment

Tear Down & New Build
• Purchase Price
$50,000
• Renovation Budget
$185,000
• Loan Amount
$225,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

This borrower has completed several deals with ABL, and is back for another investment following the same guidelines as his previous deals. ABL financed a hard money loan for Cash Out & New Construction of a 3 story build in the Point Breeze neighborhood of Philadelphia.

The Results

• After Repair Value
$395,000
• Sale Price
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