Hard Money Loan Funded In Miami

In February of 2015 , Refresh funded a $100,000 hard money loan for a single family home fix & flip project in Miami, Fl. The purchase price was $135000. The Borrower plans to complete the rehab and flip back onto the market for $195000, so the loan-to-value is 74%. The loan term is 1 year. The loan was made to a seasoned borrower, and was the 2nd loan the borrower has closed from Refresh Funding .

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