The Client

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

The Investment

• Purchase Price
$474,500
• Renovation Budget
$150,000
• Loan Amount
$529,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

Our investors have their work cut out for them with this property! ABL just recently closed a $529,000 hard money loan for a fix and flip property in Saddle River, NJ. The scope of work for this property includes a brand new kitchen and bathroom upgrade, and a renovation of the master bedroom and attached bathroom. Fresh paint will be added throughout the entire interior and exterior of the property, and flooring throughout the home will need to be cleaned up and refinished. The built in pool and carriage house need a major clean up and should be good to go! To add a few finishing touches, our investors plan to freshen up the landscaping outside the home.

The Results

• After Repair Value
$825,000
• Sale Price
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