Situation:

The borrower for this 1,554 square foot 3 bedroom / 2 bathroom condo fix and flip in Naples, Florida is a licensed general contractor that has been renovating properties for years. This project will be his first as the primary investor. ABL funded a hard money fix and flip loan that includes an $18,000 rehab budget that will be used to open the kitchen to the living room, replace appliances and cabinet fronts, install a new backsplash, and other cosmetic upgrades throughout.