Situation:

ABL recently funded a hard money fix and flip loan for a team of experienced real estate investors and repeat borrowers. The subject property is a 1,360 square foot 3 bed 2 bath single family home with an unfinished basement. The $45,000 scope of work for renovations includes repairing the roof and deck, replacing windows, finishing the basement, installing HVAC, gutting the kitchen and bathrooms, refinishing the floors, and replacing the light fixtures throughout.