The Client

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

The Investment

• Purchase Price
$525,000
• Renovation Budget
$250,000
• Loan Amount
$658,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

This borrower and full time realtor approached Asset Based Lending looking for a hard money loan to fund her second fix and flip investment. The substantial rehab includes adding an additional 800 square feet, 2 bathrooms, and first floor family room.

The Results

• After Repair Value
$1,046,000
• Sale Price
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