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 seasoned borrower, and it was the 1st loan the borrower has closed from Refresh Funding.

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