Private Lender Funding for Fix-and-Flip in Kendall Lakes

Here is an example of a successful fix and flip in Kendal Lakes. BEFORE: AFTER: In April of 2016, Refresh funded a $174,200 hard money loan for a multi-family unit fix & flip project in Miami. The purchase price was $268000. The Borrower plans to complete the rehab and flip back onto the market for $349744, so the loan-to-value is …

Miami Shores Fix and Flip Loan

In February of 2016, Refresh funded a $235000 hard money loan for a multi-family unit fix & flip project in Miami Shores. The purchase price was $244270. The Borrower plans to complete the rehab and flip back onto the market for $394935, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a seasoned …

Successful Flip-and-Fix in Homestead

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 …

Successful Pompano Beach Rehab Loan

In April of 2016, Refresh funded a $72000 hard money loan for a multi-family unit fix & flip project in Pompano Beach. The purchase price was $129427. The Borrower plans to complete the rehab and flip back onto the market for $184791, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a seasoned …

What to Say When Someone Asks You to Cosign their Mortgage?

Agreeing to co-sign someone’s mortgage is not a light decision. Holding the responsibility of cosigning a mortgage is no small feat– you are placing a commitment to some else’s financial obligation. However, in this day and age, the act of cosigning a mortgage can be seen as becoming old and outdated. Traditionally used to allow hopeful homeowners to obtain larger …

How to have a Successful Fix and Flip

  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 …

West Palm Beach- Hard Money Loan

In March 2016, Refresh funded a $900000 hard money loan for a commercial property fix & flip project in West Palm Beach. The purchase price was $2300000. The Borrower plans to complete the rehab and flip back onto the market for $2400000, so the loan-to-value is 39%. The loan term is 1 year. The loan was made to a seasoned …

Rehab Loan in West Palm Beach

In April of 2015, Refresh funded a $120000 hard money loan for a multi-family unit fix & flip project in West Palm Beach. The purchase price was $200000. The Borrower plans to complete the rehab and flip back onto the market for $260000, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a …

Rehab Loan in Miami-Dade

In November of 2015, Refresh funded a $150,000 hard money loan for a single family residence fix & flip project in Miami. The purchase price was $138000. The Borrower plans to complete the rehab and flip back onto the market for $180000, so the loan-to-value is 83%. The loan term is 1 year. The loan was made to a seasoned …

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 …