In June, Refresh funded a $96000 Hard money loan loan for a fix and flip project in Margate. The purchase price was $96000. The Borrower plans to complete the rehab and flip back onto the market for $175000, so the loan-to-value is 55%. The loan term is 1 year. The loan was made to a seasoned borrower, and was the …
Port St. Lucie Home Remodeled
In March, Refresh funded a $97500 fix and flip loan for a single family home ix and flip project in Port St. Lucie. The purchase price was $97500. The Borrower plans to complete the rehab and flip back onto the market for $150000, so the loan-to-value is 65%. The loan term is 1 year. The loan was made to a …
Guidance to Avoid Paying Private Mortgage Insurance
If you make down payment of at least 20%, there is no need of paying private mortgage insurance. If you have any mortgage continuing with PMI, it can be automatically canceled after recovering 20% of your loan amount. As there are many loan schemes today that makes provides the service with no down-payment, so there are only 10% users which …
Miami Home Brought Back to Life
March, Refresh funded a $10000 Rehab loan for a single family home purchase project in Jenson Beach. The purchase price was $175000. The Borrower plans to complete the rehab and flip back onto the market for $175000, so the loan-to-value is 6%. The loan term is 1 year. The loan was made to a seasoned borrower, and was the 2nd …
Beautiful Fix and Flip in Ft Lauderdale
In February, Refresh funded a $435,000 rehab loan for a Town Home fix & flip project in Ft Lauderdale. The purchase price was $462,000. The Borrower plans to complete the rehab and flip back onto the market for $1,000,000, so the loan-to-value is 44%. The loan term is 1 year. The loan was made to a seasoned borrower, and was the …
Hard Money Loan Funded In Michigan
In January, Refresh funded a $425,000 hard equity loan for a single family home in Michigan. The purchase price was $1,125,000. If you need a fast loan, Refresh Funding can provide Florida-based loans for individuals seeking Rehab loans for Fix and Flips. Refresh offers fix-and-flip rates starting at 9.99% for a 12-month term or rental loan rates starting at 7.99% for 36-month …
Rehab Loan In Margate, FL
In January, Refresh funded a $96,000 rehab loan for a single family residence fix & flip project in Margate. The purchase price was $150,000. The Borrower plans to complete the rehab and flip back onto the market for $245,000, so the loan-to-value is 64%. The loan term is 1 year. The loan was made to a seasoned borrower, and was …
Successful Fix and Flip- Lauderhill Before and After
Before: In May of 2016, Refresh funded a $80,400 hard money loan for a single family unit fix & flip project in Lauderhill. The purchase price was $136986. The Borrower plans to complete the rehab and flip back onto the market for $178,252, so the loan-to-value is 61%. The …
How to: 1031 Exchange
When selling a home, a buyer would want to avoid a capital gains tax. Capital gains encapsulates the amount of money gained from a real estate property from the original purchase. You might have heard of a 1031 exchange and how real estate investors use this to defer capital gains taxes (usually at 15%). They do so by purchasing new …
West Palm Beach Bridge Loan
In June of 2015, Refresh funded a $325,000 bridge loan for a single family residence fix & flip project in West Palm Beach. The purchase price was $500000. The Borrower plans to complete the rehab and flip back onto the market for $600000, so the loan-to-value is 65%. The loan term is 1 year. The loan was made to a …
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