Successful Rehab Loan in Miami Gardens

Before Refresh loan: After Refresh loan: In August of 2015, Refresh funded a $74,970 hard money loan for a single-family residence fix & flip project in Miami Gardens. The purchase price was $124950. The Borrower plans to complete the rehab and flip back onto the market for $153578, so the loan-to-value is 60%. The loan term is 1 year. The …

Successful Miami Fix and Flip Loan Project

In January this year, Refresh funded a $159,300 hard money loan for a single-family residence fix & flip project in Miami. The purchase price was $265500. The Borrower plans to complete the rehab and flip back onto the market for $309349, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a seasoned borrower, …

Beautiful Miami Fix and Flip: Before and After

Before:   In December of 2015, Refresh funded a $163,830 hard money loan for a single family residence fix & flip project in Miami. The purchase price was $273100. The Borrower plans to complete the rehab and flip back onto the market for $313659, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to …

Miami Single Family Fix and Flip Loan

In October of 2015, Refresh funded a $97,335 hard money loan for a single family residence fix & flip project in Miami. The purchase price was $162225. The Borrower plans to complete the rehab and flip back onto the market for $198105, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a seasoned borrower, …

2016 Pembroke Pines Rehab Loan

In January of 2016, Refresh funded a $96,780 hard money loan for a single family residence fix & flip project in Pembroke Pines. The purchase price was $161m300. The Borrower plans to complete the rehab and flip back onto the market for $209,521, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a …

The Anatomy of a Hard Money Loan

The anatomy of a fix and flip can be simple and the costs are minimized with a fast rehab. To understand the simple math of a fix and flip here is a standard loan Rehab Funding made with an investor in 2015. Partnering with Refresh Funding, in October of 2015, the homeowner bought a Miami-Dade  property for $183,000. It took …

Hey, Hard Money Lender, Lend a little Money to Me

To understand whether or not a buyer should engage in a hard money loan, it is beneficial to look at other sources of funding other than from a bank. So what if you want to do a fix-and-flip? What if you’re afraid of prepayment penalties? What if you have a poor credit score? Something to consider is hard money loans …

West Palm Beach Bridge Loan

In June of 2015, Refresh funded a $325,000 bridge loan for a single family residence fix & flip project in West Palm Beach. The purchase price was $500000. The Borrower plans to complete the rehab and flip back onto the market for $600000, so the loan-to-value is 65%. The loan term is 1 year. The loan was made to a …

Before & After Miramar Fix-and-Flip Project

Before:                       After:                           In December of 2015, Refresh funded a $90,840 hard money loan for a single family residence fix & flip project in Miramar. The purchase price was $151400. The Borrower plans to complete the rehab …

Successful Fix-and-Flip in Miami

In June of 2016, Refresh funded a $159000 hard money loan for a single family residence fix-and-flip project in Miami. The purchase price was $265000. The Borrower plans to complete the rehab and flip back onto the market for $325288, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a seasoned borrower, and …