The Client

• Loan Purpose
Property Purchase And New Construction
• Loan Structure
12 Months Interest Only

The Investment

• Purchase Price
$260,000
• Renovation Budget
$246,000
• Loan Amount
$437,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

This experienced real estate investor found ABL through a broker, and needed a hard money loan to fund the acquisition of a property and subsequent new construction. The plan is to demolish the existing property and complete a modular build on top of what remains. The investor has already completed 25 similar projects in the last year.

The Results

• After Repair Value
$672,000
• Sale Price
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