The Client

Professional real estate investor
• Loan Purpose
Property Rehabilitation
• Loan Structure
12 months interest only

The Investment

Rehab only
• Purchase Price
$200,000 (cash)
• Renovation Budget
$175,000
• Loan Amount
$175,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

This borrower is a professional real estate investor with an in-house crew that specializes in gut renovations. Asset Based Lending originated a hard money loan for the rehab costs of the project. The scope of work for the project is extensive and includes: interior and exterior demolition, new paint and finishes, upgraded flooring throughout, and repairs to the damaged roof.

The Results

• After Repair Value
$660,000
• Sale Price
Back To All Case Studies