Recently Funded Fix & Flip Loan In New Caney, TX

Loan Scenario:

This fix and flip loan covers a single-family home in New Caney, Texas. Specifically, the investor purchased the property for $197,500, backed by a $31,000 rehab budget. American Heritage Lending provided $212,505 in funding, resulting in a Loan-to-Cost (LTC) of 93.00% and a Loan-to-After Repair Value (LTARV) of 70.84%. The home carries an expected After Repair Value (ARV) of $300,000. Notably, AHL structured the loan as a True Zero Point Loan with a 12-month interest-only term. As a result, the borrower can complete the rehab without added upfront costs.

The borrower, a professional real estate investor, planned a focused rehab to bring the property up to market standards. First, the project begins with demo work to clear outdated materials. Then, the crew completes a full roof replacement. From there, the interior receives new counters and fresh paint throughout. Finally, the exterior gets updated landscaping, and a full cleanup wraps up the project.

New Caney sits in East Montgomery County, roughly 30 miles northeast of downtown Houston. As a result, the area benefits from steady growth tied to Houston’s expanding metro footprint. Moreover, most home sales in the area fall within the $200,000 to $399,999 range, placing this project well within the local buyer sweet spot. Consequently, updated homes in this price tier continue to draw solid interest from buyers.

Overall, this deal shows how American Heritage Lending supports professional investors with high-leverage fix and flip funding. Specifically, the 93.00% LTC and True Zero Point Loan structure allow the borrower to take on a full rehab while keeping upfront costs low. As a result, the investor can move quickly and stay focused on execution across their portfolio.