­­Asset Based Lending recently funded loan refinance and fix and flip for a repeat borrower in Allentown Pennsylvania. This borrower purchased this property in 2017 and contacted ABL to refinance and receive a loan to complete cosmetic rehab on this multifamily home. This property has two structures, the back multifamily home is renovated and collecting monthly rent, and the front two family is the focus of this project. The scope of work entails installing updated plumbing, electric, and refinishing the existing hardwood flooring. The kitchen will be renovated with new cabinets and rental grade countertops, while the bathrooms will have updated vanities and tub inserts. Renovations are expected to be completed within 12 months and the borrower will refinance and hold this property in their portfolio as a rental.