Fix & Flip Investment Funded in Hollywood, FL

In May, Refresh funded a $170000 Fix and flip loan for a single family home fix and flip project in Hollywood, Florida. The purchase price was $170000. The Borrower plans to complete the rehab and flip back onto the market for $200000, so the loan-to-value is 85%. The loan term is 1 year. The loan was made to a seasoned …

Hard Money Loan for Fort Lauderdale Real Estate Investor

In December of 2015, Refresh funded a $208,000 hard money loan for a single family residence fix and flip project in Fort Lauderdale. The purchase price was $341000. The Borrower plans to complete the rehab and flip back onto the market for $410879, so the loan-to-value is 65%. The loan term is 1 year. The loan was made to a …

Recent Rehab Loan in Fort Lauderdale

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, …

Fix-and-Flip Math for Fort Lauderdale Property

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 …

Succesful Hard-Money Loan in Fort Lauderdale

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, …