The Client

Repeat Borrower & Experienced Investor
• Loan Purpose
Cash Out
• Loan Structure
12 Months Interest Only

The Investment

• Purchase Price
• Renovation Budget
• Loan Amount
$84,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

Asset Based Lending recently funded a hard money cash out loan in Pottstown PA. The borrower is a first-time borrower and full-time builder. The as-is value of the property is $120,000, allowing them to pull $84,000 cash out at 70% LTV. The borrower will use this new capital to acquire their next real estate investment property.

The Results

• After Repair Value
$120,000 (As-Is)
• Sale Price
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