Recently Funded Fix & Flip Loan In Carlisle, OH

Loan Scenario:

This fix and flip loan covers a detached single-family home in Carlisle, Ohio. The experienced investor purchased the property for $151,000, with a rehab budget of $40,120. American Heritage Lending provided $172,008 in funding, structured as a True Zero Point Loan with a 12-month interest-only term. As a result, the loan carries a Loan-to-Cost (LTC) of 90.00% and a Loan-to-After Repair Value (LTARV) of 68.80%. Notably, the After Repair Value (ARV) sits at $250,000.

The borrower, an experienced investor, planned a full rehab to open up the layout and refresh every major surface. First, the project begins with carpet removal and general demo, including wall removal for an open kitchen concept. Then, the kitchen receives a full update along with wallboard repair throughout the home. Next, both bathrooms get a complete remodel, with new interior and exterior doors throughout. Furthermore, the scope includes LVP flooring, new carpet in select areas, ceiling repair, and full interior and exterior painting. Finally, new fencing and a panel install in the back room round out the project.

Carlisle sits in Warren County, just south of Dayton. Particularly, Ohio’s housing market continues to see steady demand paired with limited supply. Moreover, updated homes in this price range attract strong buyer interest across the Dayton metro. Consequently, a fully renovated home at the $250,000 ARV fits well within local buyer expectations.

Overall, this deal shows how American Heritage Lending supports experienced investors with high-leverage funding and a True Zero Point Loan structure. As a result, 90% LTC with no discount points keeps more cash available for the rehab. This approach also gives the borrower room to complete the project without extra upfront costs.