The Client

• Loan Purpose
Fix And Flip Loan
• Loan Structure
12 Months Interest Only
• Loan Used

The Investment

• Purchase Price
$91,000
• Renovation Budget
$40,000
• Loan Amount
$105,000
• Cash Available for Purchase
$65,000
• Cash Available for Renovation
$40,000

The ABL Partnership

Asset Based Lending recently funded a hard money fix and flip loan for an attached single family property in Philadelphia, PA. The borrower found this deal through a wholesaler, and came to ABL by way of a hard money loan broker. The rehab for this project is expected to take 4 months to complete, and we can’t wait to see the finished product!

The Results

• After Repair Value
$190,000
• Sale Price
• Return on Investment
• Project Payoff
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