Jupiter Florida Hard Money Fix And Flip Loan
Address: Jupiter, FL
Borrower Profile: Experienced Investor
Work Description: Fix and Flip - Single Family
Purchase Price: $790,000
Renovation Budget: $400,000
Loan Amount: $1,000,000
Cash Available for Purchase: $600,000
Cash Available for Renovation: $400,000
Loan Structure: 12 Months Interest Only
Loan Purpose: Property Purchase & Rehabilitation
ARV: $1,600,000
Situation:
With their $1 million hard money fix and flip loan, this investing team converted a basic, sprawling Florida home into a high-end retreat with a kitchen fit for a chef. The formerly dilapidated front lawn fountain and backyard pool now add a luxurious pop of blue color to the lush palm trees and bright green landscaping. Inside, the borrowers emphasized Florida’s sunny appeal with pale yellow walls and abundant lighting. Just six months after loan closing, the property is listed for nearly $1.8 million!
Outcome:
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