US-based real estate investment platform Asset Based Lending has unveiled a new fee-free digital marketplace for wholesale investors.
The marketplace, available without a subscription, will allow potential real estate investors looking for their next fix and flip to research a variety of wholesale properties directly from the ABL website.
The first range of properties are located in New York, New Jersey, and the D.C., Maryland, Virginia region.
ABL Chief Marketing Officer Eric Krattenstein says traditionally a relationship was established through face to face networking, but the new online marketplace will 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,” he said.
“With the wholesale marketplace, we’ve taken the next step in this progression by starting to reduce the pain associated with identifying potential investments.”
Real estate tech-startup Hoozip will power the site, which offers a range of features including filters to search by property type, price range, repair estimates; a deal calculator to determine costs costs and return on investment; research reports available with free and premium options; and transparent contacts to quickly contact the owner of a desired property.