In April of 2016, Refresh funded a $70,875 hard money loan for a single family residence fix & flip project in Homestead. The purchase price was $118716. The Borrower plans to complete the rehab and flip back onto the market for $150269, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a seasoned borrower, and it was the 1st loan the borrower has closed from Refresh Funding.