The Client

Experienced Investor & Trained Engineer
• Loan Purpose
Fix And Flip Loan
• Loan Structure
12 Months Interest Only

The Investment

• Purchase Price
$65,000
• Renovation Budget
$50,000
• Loan Amount
$95,000
• Cash Available for Purchase
$45,000
• Cash Available for Renovation
$50,000

The ABL Partnership

Asset Based Lending recently funded a fix and flip hard money loan for a repeat borrower in Philadelphia, PA. The attached single family property was found off-market through a realtor, and the majority of the renovation budget will go toward the kitchen, bathroom, and HVAC.

The Results

• After Repair Value
$165,000
• Sale Price
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