Miami Shores Rehab Loan

In December of 2015, Refresh funded a $250000 hard money loan for a single family residence fix & flip project in Miami Shores. The purchase price was $350000. The Borrower plans to complete the rehab and flip back onto the market for $600000, so the loan-to-value is 71%. The loan term is 1 year. The loan was made to a …

Rehab Loan in Miami Beach

In October of 2014, Refresh funded a $250,000 hard money rehab loan for a single family residence fix & flip project in Miami Beach. The purchase price was $1500000. The Borrower plans to complete the rehab and flip back onto the market for $2000000, so the loan-to-value (LTV) is 50%. The loan term is 1 year. The loan was made …