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 …