fix and flip investment properties

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Sunrise FL Fix And Flip

Address: Sunrise, FL
Borrower Profile: Real Estate Agent
Work Description: Rehab of a single family house purchased through short sale.
Purchase Price: $175,000
Renovation Budget: $25,000
Loan Amount: $175,000
Cash Available for Purchase: $150,000
Cash Available for Renovation: $25,000
Loan Structure: 12 months interest only
Loan Purpose: Property Purchase & Rehabilitation
ARV: $275,000
Sale Price: $300,000
Time To Pay Off: 4 months
Situation:

ABL’s Florida loan officer met the borrower at local real estate investor association meet-up. The borrower had significant real estate investing experience prior to the financial recession. With the aid of ABL’s hard money lending, the borrower is back in the game.

Outcome:

The subject property was a short sale and ABL managed to close the loan within two weeks. The loan funded both the purchase and rehabilitation costs for the project. The project turned around within just four months.

florida before bedroom fix and flip
Bedroom Before
Sunrise Florida Hard Money Case Study
Bedroom After
Florida kitchen before remodel
Kitchen Before
Florida Hard Money Lending Case Study
Kitchen After
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