70.4% Loan to Value- Fix and Flip in Miami

In August of 2015, Refresh funded a $245,000 hard money loan for a single family private money residence fix & flip project in Miami. The purchase price was $290000. The Borrower plans to complete the rehab and flip back onto the market for $348,000, so the loan-to-value is 70.4%. The loan term is 1 year. The loan was made to …

Rehab Loan Funded in Miami

In August of 2015, Refresh funded a $135,000 hard money loan for a single family residence fix & flip project in Miami. The purchase price was $270000. The Borrower plans to complete the rehab and flip it back onto the market for $290000, so the loan-to-value is 50%. The loan term is one year. The loan was made to a seasoned investor, …

Fast Rehab Loan in Miami

In May of 2015, Refresh funded a $165,000 hard money loan for a single family residence fix & flip project in Miami. The purchase price was $177000. The Borrower plans to complete the rehab and flip back onto the market for $230000, so the loan-to-value is 50%. The loan term is 1 year. The loan was made to a seasoned …

Successful Miami Gardens Fix and Flip

  In May of 2015, Refresh funded a $35,000 hard money loan for a single-family residence fix & flip project in Miami Gardens. The purchase price was $74000. The Borrower plans to complete the rehab and flip back onto the market for $100000, so the loan-to-value is 35%. The loan term is 1 year. The loan was made to a …

Miami Gardens Fix and Flip Loan

Two months ago, Refresh funded a $100000 loan for a purchase and rehab project in Miami Gardens. The purchase price was $185000. The Borrower plans to complete the rehab and flip back onto the market for $225000, so the loan-to-value is 54%. The loan term is 1 year. The loan was made to a seasoned investor and was the second …

The Math Behind a Successful Fix-and-Flip

Partnering with Refresh Funding, in August 2015, the homeowner bought a Miami Gardens  property for $117,075. It took 148 days and investing $20,162 in rehabilitation cost. The investor paid 12% to borrow for 150 days for a total debt service cost of $153,081. With Refresh Funding supplying a $81,952.50 hard money loan, the investor was able to sell the property …

Miami Shores Rehab Loan

In December of 2015, Refresh funded a $250000 hard money loan for a single family residence fix & flip project in Miami Shores. The purchase price was $350000. The Borrower plans to complete the rehab and flip back onto the market for $600000, so the loan-to-value is 71%. The loan term is 1 year. The loan was made to a …

Rehab Loan in Miami Beach

In October of 2014, Refresh funded a $250,000 hard money rehab loan for a single family residence fix & flip project in Miami Beach. The purchase price was $1500000. The Borrower plans to complete the rehab and flip back onto the market for $2000000, so the loan-to-value (LTV) is 50%. The loan term is 1 year. The loan was made …