ABL Launches Online Marketplace For Wholesale Real Estate Property

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Real estate investors can now spend more time managing their projects and less time searching for their next property, thanks to Asset Based Lending’s new digital marketplace.

ABL Wholesale Marketplace

This week, Asset Based Lending (ABL) announced the launch of its online wholesale marketplace for real estate investors. The marketplace, which is available free of charge and without a subscription, will allow potential real estate investors looking for their next fix and flip investment to browse and research a variety of wholesale properties directly from the ABL website. Traditionally a relationship that is established though face to face networking, the new online marketplace aims to bring the wholesaler-investor interaction into the digital world.

“We pride ourselves on being a trusted resource to our borrowers; whether that means recommending a vendor, providing an honest opinion about a deal’s profitability, or writing educational content for our blog,” says ABL Chief Marketing Officer Eric Krattenstein. “With the wholesale marketplace, we’ve taken the next step in this progression by starting to reduce the pain associated with identifying potential investments.”

Powered by real estate tech-startup Hoozip, the technology comes loaded with a suite of features designed to make the research and due diligence process easier and less time consuming for investors. The suite of features includes:

  • Advanced Filters: Search for available properties by attributes that include property type, price range, repair estimates, and more.
  • Deal Calculator: Break down deal costs and return on investment with an in-depth deal profitability calculator.
  • Research Reports: Available with free and premium options, these reports allow the investor to quickly view comparable properties as well as their publicly available data and other unique property insights.
  • Transparent Contacts: Quickly contact the owner of a desired property with the readily available contact details and form built into each page.

The properties available in the marketplace are currently limited to New York, New Jersey, and the D.C., Maryland, Virginia region. In those markets, wholesalers are also invited to list their available investment properties in the marketplace by contacting Asset Based Lending directly. ABL welcomes real estate wholesalers to include their properties on the marketplace free of charge, in hopes that the site continues to grow as a valuable asset for investors with a wider variety of available properties.

Asset Based Lending, LLC is a direct hard money lender that specializes in helping real estate investors finance fix and flip projects, new construction, and cash out refinances. ABL’s hard money lending programs funds non-owner occupied real estate investments up to $2 million in New Jersey, New York, Connecticut, Pennsylvania, Massachusetts, Maryland, Florida, Virginia, and Washington D.C. Since its inception in 2010, Asset Based Lending has funded over 850 real estate transactions with loan proceeds in excess of $185 million. For more information, visit http://www.abl1.net or call (201) 942-9089.

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Eric Krattenstein
since: 01/2013
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