The Client

• Loan Purpose
Property Purchase And Rehabilitation
• Loan Structure
12 months interest only

The Investment

• Purchase Price
$120,000
• Renovation Budget
$55,000
• Loan Amount
$150,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

This real estate investor is a repeat borrower who first found Asset Based Lending through a broker. The borrower has successfully flipped a few properties in the region. The rehab scope of work includes renovating 2 full bathrooms, remodeling the kitchen, and replacing approximately 450 square feet of flooring.

The Results

• After Repair Value
$278,000
• Sale Price
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