April Grid Updates
Social Media Graphic #1
Suggested Copy:
Big news for anyone building ground-up: ABL just expanded purchase price coverage on new construction loans to 75%, up from 70%. That means more purchasing power, and less cash tied up at the table on your next ground-up deal. If you're evaluating a new construction project and want to see what this change means for your specific deal, reach out directly.
Social Media Graphic #2
Suggested Copy:
If you've done more than three fix and flips, you now qualify for 92.5% LTC at ABL. We just lowered the experience threshold for our highest leverage tier from 5 completed projects to 3 and it doesn't matter where those deals were done. 92.5% LTC means less cash out of pocket on every deal, and more capital freed up for the next one. Have 3 deals under your belt and a flip in the pipeline? Reach out, I'll get your deal sized up today.