Hard Money Loan- Boynton Beach

In June of 2015, Refresh funded a $100,000 hard money loan for a single family residence fix & flip project in Boynton Beach. The purchase price was $300000. The Borrower plans to complete the rehab and flip it back onto the market for $380,000 with a loan-to-value ratio of 26%. The loan term is 1 year. The loan was made to a seasoned investor, and it was the 4th loan the borrower has closed from Refresh Funding.Screen Shot 2016-07-06 at 9.40.39 AM

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