Situation:

This family investing team acquired their fix and flip property through a for sale by owner listing and have big plans to turn it around for profit. They came to ABL seeking a hard money loan to fund the purchase and rehab costs for their investment. They plan to expand on the living space of the home by completely refinishing the basement and adding a full bathroom as well as attaching a sweeping front deck. The scope of work also includes updated kitchen and bathrooms, refinished flooring and freshly painted siding. They have set a timeline of 60 days for project completion and we’re confident they can get it done on time!