Recent Rehab Loan in Fort Lauderdale

source url Last month, Refresh funded a $213000 hard money loan for a single family residence fix & flip project in Fort Lauderdale. The purchase price was $366099. The Borrower plans to complete the rehab and flip back onto the market for $461173, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a seasoned borrower, …

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Fix-and-Flip Math for Fort Lauderdale Property

http://asandoc.com/?dwonsnow3=%D9%85%D8%B1%D8%A7%D8%AC%D8%B9%D8%A9-www.binary-option-robot.com&848=30 Partnering with Refresh Funding, in June of 2016, the homeowner bought a Fort Lauderdale  property for $366,099. It took 151 days and investing $73,400 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 285,000 hard money loan, the investor was able to sell the …

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Succesful Hard-Money Loan in Fort Lauderdale

source url In March of 2016, Refresh funded a $950000 hard money loan for a single family residence refinance project in Fort Lauderdale. The purchase price was $2120000. The Borrower plans to complete the rehab and flip back onto the market for $2500000, so the loan-to-value is 43%. The loan term is 1 year. The loan was made to a seasoned investor, …

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