Rehab Loan in Bird Road Area

http://www.livingwithdragons.com/?printers=%D8%A7%D9%84%D8%AE%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D8%AB%D9%86%D8%A7%D8%A6%D9%8A%D8%A9-%D9%85%D9%86%D8%AA%D8%AF%D9%89-%D8%A8%D9%88%D8%AA&a22=b8 In September, Refresh funded a $195,000 rehab loan for a single family residence fix & flip project in Bird Road. The purchase price was $260,000. The Borrower plans to complete the rehab and flip back onto the market for $350,000, so the loan-to-value is 75%. The loan term is 1 year. The loan was made to a seasoned borrower, and …

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Beautiful Miami Fix and Flip: Before and After

go site Before:   In December of 2015, Refresh funded a $163,830 hard money loan for a single family residence fix & flip project in Miami. The purchase price was $273100. The Borrower plans to complete the rehab and flip back onto the market for $313659, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to …

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Hard Money Loan Funded In Miami

follow link 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 …

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How Scary are Second Mortgages?

go to link These days, taking out a second mortgage has become negatively connotated. But, what exactly are the pitfalls to taking a second mortgage? Second mortgages allow you to not take out a personal loan, but instead tie an installment loan to the property, leveraging your home further with another lien. Another benefit to second mortgages is that the interest is also …

So what is a Lien?

حركة سعر الفوركس A lien gives a bank or lender the right to sell the dictated collateral property if a borrower does not meet the terms of a loan. A lien is released when the loan is paid off. For instance, an individual takes out a mortgage on a house and the bank gets lien until which the homeowner pays off the debt. …

How to have a Successful Fix and Flip

follow link   Partnering with Refresh Funding, in August 2015, a homeowner bought a Homestead property for $86,100. It took 150 days, with only $1,525 in closing costs for a total acquisition cost of $87,625 and investing $17,094 in rehabilitation cost. The investor paid 12% to borrow for 150 days for a total debt service cost of $114,737. With Refresh Funding supplying a …