Situation:

Asset Based Lending recently funded a hard money fix and flip loan to a repeat borrower in Souderton, Pennsylvania—covering 100% of rehab. This 2,060 square foot single-family property has 4 bedrooms and 2 ½ bathrooms. The scope of work for this property includes kitchen and bathroom renovations, new flooring, new doors, electrical and plumbing upgrades, and various exterior repairs.