201-942-9089 [email protected]

Edgewood, MD

Address: Edgewood, MD
Borrower Profile: First time investors
Purchase Price: $76,000
Renovation Budget: $25,000
Loan Amount: $85,000
Cash Available for Purchase:
Cash Available for Renovation:
Loan Structure: 12 months interest only
Loan Purpose: Purchase And Rehab
ARV: $150,000
maryland fix and flip loan
before picture of house fix and flip rear view

Situation:

This husband and wife investor team came to Asset Based Lending through a broker referral. While they were first time investors, one member of the group had extensive experience as a general contractor. The property was purchased through foreclosure and the borrowers needed the loan closed in one week. ABL delivered.

inside view of before house fix and flip
interior of before remodeling picture
interior of before remodeling picture