Situation:

After pulling this fix and flip loan from another lender because they weren’t moving quickly enough, ABL funded this hard money fix and flip loan for a single family property in Howell, New Jersey. This borrower is a professional, having completed more than 10 flips in the last few years. The scope of work for this property includes renovations of the kitchen, bathrooms, and floors, as well as updating the HVAC system and painting throughout.