Recently Funded Fix & Flip Loan in Land O’ Lakes, Florida

Loan Scenario:

This project features a fix and flip loan for a detached PUD in Land O’ Lakes, Florida. Specifically, the investor purchased the property for $219,751, supported by a $75,000 rehab budget. American Heritage Lending provided $274,118 in funding, structured as a True Zero Point Loan. Additionally, the loan includes a 12-month interest-only term. As a result, the deal carries a Loan-to-Cost (LTC) of 93.00% and a Loan-to-After Repair Value (LTARV) of 65.27%. Notably, the property carries a projected After Repair Value (ARV) of $420,000.

The borrower, a professional real estate investor, planned a full interior and exterior renewal. First, the project begins with demo, roofing, and window replacement. Then, the team addresses plumbing rough-ins, electrical upgrades, and new lighting. From there, drywall and texture work preps the interior for fresh paint.

Next, the scope includes new flooring, tile, and counters throughout the home. Additionally, the project covers updated interior doors, trim, and finish hardware. Finally, new appliances, garage door replacement, landscaping, and decking complete the renewal.

Land O’ Lakes sits just north of Tampa in Pasco County, one of Florida’s fastest-growing areas. Specifically, the community draws families and professionals seeking suburban living near Tampa’s job market.

Moreover, the area benefits from top-rated schools, over 100 nearby lakes, and a relaxed pace of life. Consequently, updated homes in this market remain well placed to attract active buyer interest.

Overall, this deal shows how American Heritage Lending supports professional investors with high-leverage fix and flip funding. Notably, the True Zero Point Loan structure removes upfront discount points from the equation. As a result, the borrower can direct more cash toward the rehab itself. Furthermore, the 93.00% LTC and 65.27% LTARV reflect strong balance between leverage and a controlled exit.