Miami Gardens Fix and Flip

In December of 2015, Refresh funded a $66,120 hard money loan for a single family residence fix & flip project in Miami Gardens. The purchase price was $110200. The Borrower plans to complete the rehab and flip it back onto the market for $134241, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a …

Should you Sell to the Cash Buyer?

Ever see signs and people marketing “We Buy Houses for Cash?”   To some individuals it may be irrelevant, but to others who are headed towards the foreclosure of their home, this may be the ideal deal. Let’s break down the benefits and the disadvantages to doing so:   The benefits include a fast sale (around seven days) without hassle …

Hialeah Fix and Flip Loan

In November of 2015, Refresh funded a $126,060 hard money loan for a single family residence fix-and-flip project in Hialeah. The purchase price was $210100. The Borrower plans to complete the rehab and flip it back onto the market for $238350, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a seasoned borrower, and …

Rehab Loan in Tamarac, Florida

In November of 2015, Refresh funded a $93,660 hard money loan for a single family residence fix & flip project in Tamarac. The purchase price was $156100. The Borrower plans to complete the rehab and flip it back onto the market for $203000, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a seasoned …

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, …

Tamarac Fix & Flip Loan

In January of 2016, Refresh funded a $63,780 hard money loan for a single family residence fix & flip project in Tamarac. The purchase price was $106300. The Borrower plans to complete the rehab and flip it back onto the market for $150877, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a seasoned …

Successful Fix and Flip in Homestead

In October of 2015, Refresh funded a $71,760 hard money loan for a single family residence fix & flip project in Homestead. The purchase price was $119600. The Borrower plans to complete the rehab and flip back onto the market for $139904, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a seasoned …

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 …

Rehab Fix-and-Flip in Sunrise, Florida

In January of 2016, Refresh funded a $78,000 hard money loan for a multi-family unit fix & flip project in Sunrise. The purchase price was $130000. The Borrower plans to complete the rehab and flip back onto the market for $139000, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a seasoned borrower, …

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 …