Real estate investment property background for Asset Based Lending

ABS Lending: Fix and Flip, New Construction, and DSCR Loans

Reliable financing for your real estate investment.
Fix & FlipGround Up
Key States Served
Florida, New York
Loan Close Time
48 hours
Loan Programs
Fix & Flip, Ground Up
Max Leverage
Fix and Flip: Advance on cost Up to 85%; LTV Up to 70%. New Construction: Advance on cost Up to 75%; LTV Up to 65%. Rental: LTV Up to 75%; DSCR 1.25x.
Virtual Draw Inspections
Fix & FlipGround Up

Overview

Our mission is to empower real estate investors, beginner or experienced, to seize opportunities they cannot finance themselves. We understand that each investment is different. We work tirelessly to create the right financing solution for you.

Draw & Construction Process

ABS Lending finances both new construction and fix and flip projects, where rehab and construction budgets are released through draws as work progresses. The company’s own process overview shows a “rehab and redraw” step and advertises closings within about two weeks, but it does not publish the details investors usually want: how a draw is requested, whether inspections are physical or virtual, or how quickly approved draws are funded. New construction terms run up to 36 months, which fits ground-up timelines. Because the draw request steps, inspection method, and per-draw turnaround are not published, investors should confirm the reimbursement process, required documentation, and funding speed with ABS Lending directly before closing a construction or rehab loan.

Loan Programs

States Served

Legal / Disclosures

ABS Lending, operating as Asset Based Solution, LLC, is a hard money and asset-based lender headquartered in Fort Lauderdale, Florida, founded in 2016. It serves East Coast real estate investors, with New York, Florida, and Washington DC named on its site, financing investment property for real estate investment purposes.

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