The Client

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

The Investment

• Purchase Price
$460,000
• Renovation Budget
$106,000
• Loan Amount
$456,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

As an experienced real estate investor, this borrower came to ABL looking for a hard money loan to fund the purchase and rehab of a single family home in Watchung New Jersey. The renovation scope of work is extensive and includes a new kitchen, patio construction, high end renovations of the master bath, and all new floors doors and windows.

The Results

• After Repair Value
$703,000
• Sale Price
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