fix and flip investment properties

Case Studies

Prequalify Today
Back to All Case Studies

Shoreham, NY Fix & Flip

Address: Shoreham, NY
Borrower Profile: Investor with some flipping experience
Work Description: Rehabilitation of a large suburban single family home in 3 draws
Purchase Price: $313,000
Renovation Budget: $90,000
Loan Amount: $336,000
Cash Available for Purchase: $246,000
Cash Available for Renovation: $90,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase and Rehabilitation
ARV: $580,000
Sale Price: $590,000
Time To Pay Off: 8 months

Borrower contacted ABL after an initial meeting at a local REIA (Real Estate Investors Association) event. Borrower was interested in the project as it had a high potential profit margin for a relatively straightforward renovation. Borrower was the project manager, but hired a general contractor to do the work. The borrower did not have a high level of experience, but did have a good level of liquidity and a well thought out project plan. Borrower lived within 30 minutes of the project.


Project was completed and sold in the anticipated time line at slightly above the appraised value.

new york hard money lender foyer
Foyer Before
new york hard money lender foyer renovations
Foyer After
NY fix and flip lender
Kitchen Before
Kitchen - After
new york hard money loans
Living Room - Before
NY hard money fix and flip lender
Living Room - After
Prequalify For A Hard Money Loan Today
Get Started