Beautiful Miami Fix and Flip: Before and After

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 …

Miami Gardens Fix and Flip

In December of 2015, Refresh funded a $66,120 hard money loan for a single family residence fix & flip project in Miami Gardens. The purchase price was $110200. The Borrower plans to complete the rehab and flip it back onto the market for $134241, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a …

Hialeah Fix and Flip Loan

In November of 2015, Refresh funded a $126,060 hard money loan for a single family residence fix-and-flip project in Hialeah. The purchase price was $210100. The Borrower plans to complete the rehab and flip it back onto the market for $238350, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a seasoned borrower, and …

Rehab Loan in Tamarac, Florida

In November of 2015, Refresh funded a $93,660 hard money loan for a single family residence fix & flip project in Tamarac. The purchase price was $156100. The Borrower plans to complete the rehab and flip it back onto the market for $203000, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a seasoned …

Miami Single Family Fix and Flip Loan

In October of 2015, Refresh funded a $97,335 hard money loan for a single family residence fix & flip project in Miami. The purchase price was $162225. The Borrower plans to complete the rehab and flip back onto the market for $198105, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a seasoned borrower, …

Tamarac Fix & Flip Loan

In January of 2016, Refresh funded a $63,780 hard money loan for a single family residence fix & flip project in Tamarac. The purchase price was $106300. The Borrower plans to complete the rehab and flip it back onto the market for $150877, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a seasoned …

2016 Pembroke Pines Rehab Loan

In January of 2016, Refresh funded a $96,780 hard money loan for a single family residence fix & flip project in Pembroke Pines. The purchase price was $161m300. The Borrower plans to complete the rehab and flip back onto the market for $209,521, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a …

Rehab Fix-and-Flip in Sunrise, Florida

In January of 2016, Refresh funded a $78,000 hard money loan for a multi-family unit fix & flip project in Sunrise. The purchase price was $130000. The Borrower plans to complete the rehab and flip back onto the market for $139000, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a seasoned borrower, …

The Anatomy of a Hard Money Loan

The anatomy of a fix and flip can be simple and the costs are minimized with a fast rehab. To understand the simple math of a fix and flip here is a standard loan Rehab Funding made with an investor in 2015. Partnering with Refresh Funding, in October of 2015, the homeowner bought a Miami-Dade  property for $183,000. It took …

Oakland Park Rehab Loan

In December of 2015, Refresh funded a $78,060 hard money loan for a single family residence fix & flip project in Oakland Park. The purchase price was $130100. The Borrower plans to complete the rehab and flip it back onto the market for $172899, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a …