Single-Family Rehab Loan

In October of 2015, Refresh funded a $90,000 hard money loan for a single family residence fix & flip project in Miami. The purchase price was $215000. The Borrower plans to complete the rehab and flip back onto the market for $300000, so the loan-to-value is 30%. The loan term is 1 year. The loan was made to a seasoned …

Recently Closed Fix and Flip Loans

Last Month, Refresh funded a $20,000 hard money loan for a single family residence rehab property project in Miami. The purchase price was $79000. The Borrower plans to complete the rehab and flip back onto the market for $95000, so the loan-to-value is 25%. The loan term is 1 year. The loan was made to a seasoned borrower, and was …

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, …

Hard Money Loan- Boynton Beach

In June of 2015, Refresh funded a $100,000 hard money loan for a single family residence fix & flip project in Boynton Beach. The purchase price was $300000. The Borrower plans to complete the rehab and flip it back onto the market for $380,000 with a loan-to-value ratio of 26%. The loan term is 1 year. The loan was made to …

To Fix-and-Flip or not to Fix-and-Flip

When deciding to fix-and-flip a property, it can turn out to be a great investment or an unnerving headache. For a successful fix-and-flip, it is essential to be fast and quickly but accurately decide the worth of a property.  Here are the main factors to consider when determining the potential of a fix-and-flip property: the location, the outside, and the …

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 …