Asset Based Lending recently funded a hard money fix and flip loan in Atlanta Georgia. These partners are experienced real estate investors and previous borrowers with ABL. This duplex includes one 3-bedroom, 1-bathroom, 1097 square foot unit, and one 3-bedroom, 1-bathroom, 1375 square foot unit. The borrower has extensive plans for the already gutted interior including adding a bathroom to the second-floor unit, updating the plumbing and electrical throughout, installing new HVAC and water heater, and adding all new kitchen finishes to both units including granite countertops, stainless steel appliances, and new cabinets. For the exterior this property will be outfitted with a new roof, siding and windows. ABL was able to provide a 12-month fix and flip loan and the borrower plans to refinance with ABL’s rental refinance program once renovations are complete. With more than five properties under their belt, these experienced investors expect to complete the renovation in five months and hold this property as part of their rental portfolio.