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.