201-942-9089 info@abl1.net


The Premier Mississippi Hard Money Lender

Asset Based Lending provides fast and reliable loans for real estate investors, focusing on quick closings and flexible underwriting to ensure our borrowers receive the best possible financing for their projects. We have programs to fund fix and flips and new construction, as well as cash out refinances and loans for rental property. ABL utilizes a fully in-house team while partnering with the best local appraisers, attorneys, and title agents to ensure you receive a five-star experience every time. After you experience the ABL Difference, you’ll never use another hard money lender.

  • Quick closings – as fast as 2 days with appropriate paperwork
  • Flexible underwriting – loan programs designed for investors, by investors
  • Transparent communication – no hidden fees or surprise costs
  • Full service – a one-stop shop for all your lending needs

Prequalify Today

Prequalify for your loan today or call us at (201) 942-9090. We approve loans in MS as fast as 24 hours. Our Mississippi private money loans can fund the following projects:

Asset Based Lending loan officer
Seth Blumenthal
Loan Officer

(201) 942-9089sales@abl1.netView Bio

Torin Francis
Loan Officer

(201) 942-9089sales@abl1.netView Bio

ABL Lends in: ABL lends in all of non-rural Mississippi, pending property and borrower underwriting

Mississippi hard money lender
Seth Blumenthal
Loan Officer

Seth has been involved in private capital industries for 20 years, becoming an expert in finance and lending. For the last 7 years, he has been helping real estate investors finance their projects, with a strong focus on speedy closings. Seth specializes in building strong relationships, analyzing deals, and quickly determining suitability for his clients.

Torin Francis
Loan Officer

Torin Francis graduated from the University of Notre Dame with a Bachelor’s in Marketing. He spent his college years as a starting member of the Fighting Irish basketball team. He continued playing on a professional level for 15 years, allowing him to travel and play for 15 countries. In 2020, Torin’s passion for real estate brought him to the residential mortgage industry, and eventually to joining the team ABL. He is a fluent Spanish speaker.

“They’re more than just a lender to me, they’re a partner of mine.
Harry went from first-timer to full time real estate investor with ABL by his side. Hear his story and see what The ABL Difference can do for you.
“Anyone who wants to get into this business, go with ABL. They’re the best.
Ameer is a police officer looking to retire early through real estate investing. Hear how ABL is helping him succeed with his plan.

Experience The ABL Difference

See why thousands of local real estate investors trust ABL to be their real estate financing partner.

MS Real Estate Market Highlights



+12% YOY, September 2022


19 Days

September 2022



Q2 2022, 8% Above National Average



Q3 2021






September 2022

Local Information For Mississippi Real Estate Investors

The major real estate markets throughout Mississippi have grown leaps and bounds over the last few years, with the metro areas seeing the largest gains. As of September 2022, the average home sale price for the state reached $255,900 which is nearly 13% higher than the previous year and slightly below the five-year-high. Homes are spending an average of only 19 days on market, which is a staggering 40 less average days than the previous year and highlights the current demand for housing in this market. More than 20% of the homes sold are being sold for above asking price, which should indicate to investors that the state’s seller’s market is in their favor.

There are currently only 4,759 homes for sale, which represents a two month supply for the state. Typically, a healthy real estate market has a minimum three month supply of inventory Real estate investors can benefit from these market conditions, as fix and flip investors love the fast moving market while investors focused on new construction can fill inventory gap and use the heightened demand to sell their product at a premium price.

Recommended Areas For Mississippi Real Estate Investing

Asset Based Lending are experts in local Mississippi real estate markets, reviewing trends and shifts to better inform our borrowers while providing the best possible loan terms for each project. Compiling data from Redfin, public town records, and local news sources, we believe some of the best Mississippi neighborhoods for real estate investors are:

Jackson The largest city and metro area in Mississippi is by far the best place for real estate investors. As of September 2022 the average home sale price reached $160,000 which marks a nearly 9% increase year over year and just shy of the five-year-high. Homes are spending an average of only 20 days on market, which is a massive 37 day drop from the previous year’s average. Especially desirable homes can sell as fast as six days from the initial listing date, which highlights the fast moving nature of this market and the benefit that fix and flip investors could find.

Gulfport Sitting on the southern coast of the state is the second largest city in The Magnolia State. The average home sale price recently reached $175,000 which is actually a slight 5% drop from the previous year, but indicative of a market correction versus a market turndown. To highlight the strength of the market, homes are spending an average of 18 days on market, which is another 37 day drop year over year. These major metro areas of Mississippi are perfect for fix and flip investors or new construction investments that can fill the inventory gaps and take advantage of the fast moving property sales.

Southaven Located in the northern tip of the state, Southaven has seen large growth to its real estate market in the last few years. The average home sale price reached $283,000 which is a nearly 11% increase year over year. Homes are spending an average of 23 days on market, which is 25 less days than the previous year and signifies another fast moving market in Mississippi. The number of homes sold during September 2022 reached 117, which is a 17% increase and highlights the current demand for homes in the area. Builders and contractors that can invest in new construction can benefit from the demand by filling inventory gaps, while fix and flip investors can take advantage of the fast moving market to chain together several deals.

Recently Funded Fix & Flip Projects

Smoke Rise, GA Fix & Flip

Borrower Profile: Repeat Borrower – Full-Time Real Estate Investor
Work Description: Gut Renovation — Single-Family Detached
Purchase Price: $667,000
Renovation Budget: $201,000
Loan Amount: $753,500
Loan Purpose: Purchase & Rehab
ARV: $1,130,000

Summerville, South Carolina Fix & Flip

Borrower Profile: Repeat Borrower – Full-Time Real Estate Investor
Work Description: Cosmetic Renovation — Single-Family Detached
Purchase Price: $165,000
Renovation Budget: $74,500
Loan Amount: $214,000
Loan Purpose: Purchase & Rehab
ARV: $370,000

Rahway, New Jersey Fix & Flip

Borrower Profile: First-Time Borrower – Full-Time Real Estate Investor
Work Description: Cosmetic Renovation — Mixed Use
Purchase Price: $375,000
Renovation Budget: $65,000
Loan Amount: $185,000
Loan Purpose: Loan Refinance & Property Rehab
ARV: $780,000

Kennebunk, Maine Fix & Flip

Borrower Profile: First-Time Borrower – Experienced Real Estate Investor
Work Description: Cosmetic Renovation — Multifamily 4
Purchase Price: $485,000
Renovation Budget: $120,000
Loan Amount: $464,000
Loan Purpose: Purchase & Rehab
ARV: $665,000

Mississippi Fix And Flip Hard Money Loans

Financing Your Mississippi Fix And Flips

Asset Based Lending specializes in fast financing for fix and flip investors with a focus on flexible underwriting that allows us to work with several different types of rehab projects. We’re able to close our rehab loans in 10 days or less on average, so you’ll never miss out on a potential deal. These 12-month interest-only bridge loans allow Mississippi investors the ability to acquire property and begin renovating with the most competitive rates on the market, including the industry’s only true zero-point program. ABL offers funding that covers up to 85% of purchase price and 100% of the rehab costs. Whether you’re working on your first fix and flip or a seasoned professional, ABL is ready to finance your flip. Click to learn more about our Mississippi fix and flip loans.

Why Mississippi Investors Choose Fix And Flips

Fix and flips are one of the most consistent and reliable forms of real estate investing, offering profits that allow investors the ability to funnel that capital into their next projects. Right now Mississippi fix and flips are on the rise, with a total of nearly 8% of home sales in the state attributed to flips. Mississippi fix and flip investments are seeing an average profit of $32,894 as of Q1 2022 More than one-third of real estate investors use outside financing for their projects, with hard money lenders being the preferred choice for bridge loans since investors can both close and exit the deals quickly. Our fix and flip loans focus on closing in 10 days on average so our borrowers never miss an opportunity due to financial delays. Whether you need to close fast, are seeking flexible loan terms, or another lender simply dropped the ball, ABL is here to help.

Using Hard Money Loans For Fix And Flips

Financing a fix and flip investment requires a lending partner that can close fast and offer a variety of loan options. That’s why so many real estate investors prefer hard money loans for fix and flips, as this type of financing can close in less than two weeks and comes with flexible loan terms. For example, Asset Based Lending has closed loans as quickly as two business days with the appropriate paperwork. These speedy loans allow fix and flip investors the opportunity to secure deals that would normally be missed if using another financing option. Hard money loans are also less stringent with its documentation requirements- aside from recent bank statements and a credit check, hard money lenders in Mississippi forego documents such as tax records or income verification.

Investors that have tried borrowing from a bank or other traditional financial institutions know the pushback- the projects are inherently risky and banks typically don’t want to involve themselves in these types if projects. Or if they do choose to lend, its an agonizingly long process with enough loan stipulations, such as prepayment penalties or intensive documentation requirements, that ends up hurting the deal too much from the investor’s point of view. When it comes to fast and efficient lending for fix and flips, hard money loans are the best option for borrowers, and no lender does it better than Asset Based Lending.

Recently Funded New Construction Projects

Avon North Carolina New Construction

Borrower Profile: Repeat Borrower – Experienced Investor
Work Description: New Construction – Single Family + Guest House
Purchase Price: $419,000
Construction Budget: $754,000
Loan Amount: $997,000
Loan Purpose: Land Purchase & New Construction
ARV: $2,483,000

Cape Coral, FL Cash Out & Construction

Borrower Profile: First-Time Borrower – Experienced Real Estate Investor
Work Description: New Construction – 3 Single-Family Homes
Purchase Price: $285,000
Renovation Budget: $579,793 (Construction)
Loan Amount: $735,000
Loan Purpose: Cash Out & New Construction
ARV: $1,216,000

Knoxville, TN New Construction

Borrower Profile: First-Time Borrower – Full-Time Real Estate Investor
Work Description: New Construction – 4 Single-Family Homes
Purchase Price: $85,000
Renovation Budget: $680,000 (Construction)
Loan Amount: $650,000
Loan Purpose: Property New Construction
ARV: $1,360,000

Atlanta, GA New Construction

Borrower Profile: First-Time Borrower – Newer Real Estate Investor
Work Description: New Construction – Single-Family Home
Purchase Price: $40,000
Renovation Budget: $425,000 (Construction)
Loan Amount: $395,000
Loan Purpose: Property New Construction
ARV: $680,000

Mississippi New Construction Hard Money Loans

Loans For Mississippi New Construction

Asset Based Lending is proud to partner with experienced builders & developers as their financing for their new construction investments. Investors can use these 12-month interest-only bridge loans to finance up to 85% of purchase and 100% of construction costs for their project. ABL provides these hard money loans to investors that have a proven track record of successful residential new construction, offering a variety of options including maximum leverage, lower interest rate, zero points, or something else. As direct private lenders, we’re able to provide flexible loans that are written to match your specific business strategy, as long as it fits our criteria. Whether you’re looking to finance the ground up construction of single family or multifamily projects, ABL is ready to discuss your upcoming deals. Click to learn more about our Mississippi construction loans.

Mississippi New Construction Investment Info

The lack of housing supply in Mississippi is a major reason why the real estate markets are seeing such growth, especially with residential new construction. There were nearly 8,000 new builds in the state throughout 2021, with the majority of focus on single family homes to help meet the ongoing demand for young families buying their first home. Most of these new construction projects are occurring in the northwest and southeast parts of the state, with emphasis on the Southaven and Gulfport metro areas. Jackson metro is also booming with new construction, which makes sense as the capital of the state and center of commerce for Mississippi. Multifamily builds of four units or more are also rising throughout this city, as renting becomes more popular and for longer periods of time given the lack of available homes for purchase. Asset Based Lending can fund the construction of both single family and multifamily homes, offering fast and reliable financing for these investment projects.

Choosing Asset Based Lending For New Construction Loans

When it comes to fast and reliable funding, Mississippi real estate investors know to trust Asset Based Lending. Our track record speaks for itself, with more than half of our borrowers returning for repeat business and over $1.4B in loan origination since our company’s inception. We have fully in-house teams for the entire loan process, providing you a five-star service from start to finish. ABL approves loans as fast as 24 hours and closes loans a quickly as two days with the appropriate paperwork. This doc-light approach to new construction financing lets real estate investors scale their business faster than ever and with zero headaches.

With the Mississippi real estate markets continuing to thrive and low housing inventory plaguing the most popular markets, now is the perfect time for builders and developers to take advantage of outside financing. By using hard money capital to fund their projects, they can move quickly and use the current market conditions in their favor. Asset Based Lending insists on a transparent lending process with no prepayment penalties or hidden fees, so you keep more of your money. Contact us today to be approved for your MS new construction loan.

Mississippi Rental Loans & Cash Out Refinancing

Loans for Mississippi Rental Property

Asset Based Lending offers simple and reliable Mississippi rental loans. These term rental loans are designed for buy and hold investors that want to secure properties between 1-8 units or refinance an entire rental portfolio. We offer competitive terms with rates starting as low as 6.875% with leverage up to 80% LTV. Our goal is to provide the most flexible rental loan options to our borrowers including 30-year amortization, ARM, and interest-only options. ABL offers a variety of rental loan options with single rental loans up to $3M and rental portfolio loans up to $6.25M. These loans for rental property are available to investors of all experience levels, assessing each deal based on the income-producing viability of the property. We also offer the ability to use our bridge program to complete property rehab or finance ground up construction before refinancing into a long-term rental loan, making us a one-stop shop for Mississippi real estate investors. Click to learn more about our rental loan programs.

Mississippi Rental Markets

With low housing supply throughout the state, more people are renting their homes than ever before and staying in those rentals for longer periods than before. Rental vacancy rate hovering around 7% keeps MS rental property a safe investment for reliably finding tenants. Jackson metro area is currently one of the best spots for buy and hold investors, with the city being the most populated area and center of the state’s commerce. Another top area is Gulfport with average rental prices trickling upward the last few years, with 2022 seeing the average studio rent increasing 27% year over year and 1-bedrooms jumping nearly 23%. Plus, being on the water makes this city a prime short-term vacation destination, benefitting short-term rental investors with Airbnb and Vrbo.

With renters prolonging their time before purchasing a home, Mississippi real estate investors can use rental property to begin generating passive monthly income for many years to come. Whether you’re looking to buy and hold property for traditional long-term rentals or are interested in growing a small portfolio of short term rental properties, Asset Based Lending can help finance your success. If you’re ready to start or grow your real estate rental portfolio using our Mississippi rental loans, then contact us today.

Why Choose ABL?

We are Local Private Hard Money Lenders

  • We understand your local real estate conditions
  • We use local appraisers, title agents and closing attorneys

We are a Direct Lender

  • We use our in-house money to fund your loans
  • We directly control our approvals and closings

We are Reliable and We Close Fast

  • Preliminary approval in 24 hours
  • Close in 7-10 days

We Manage the Draw Process Efficiently & Quickly

  • We help create and approve your draw schedule
  • We use local inspectors to assess your progress
  • We quickly release your funds when an inspection is approved

Asset Based Lending, LLC was founded in 2010 and is a leading local source of hard money in the residential real estate market. We have consistently received praise from our borrowers who emphasize our quick, hassle-free closings, favorable terms, and creative financing solutions.

Fill out our Pre-Qualification form to start the process.