Recently Funded Fix And Flip Loan In Panama City, Florida

Loan Scenario:

A seasoned flipper came to American Heritage Lending to acquire and renovate a single-family home in Panama City, Florida, and we funded a $296,205 fix-and-flip loan structured as a True Zero Point Loan. With the property valued at $300,000, a $50,500 rehab budget, and a $425,000 after-repair value, the financing landed at 93% loan-to-cost and 69.70% of ARV on a 12-Month Interest-Only term. As a professional with six properties behind him, the borrower knew exactly what this project needed.

The scope is a full cosmetic-plus-systems refresh built to move quickly: new HVAC and water heater, LVP flooring throughout, fresh interior paint, and a reworked kitchen with painted cabinets, new hardware, counters, and appliances. Bathrooms get new vanities, fixtures, and toilets, while updated lighting, electrical, and plumbing round out the interior. Exterior curb appeal, a deep clean and trim-out, and a built-in contingency close the plan out, all pointed at a timely resale exit.

Panama City anchors Florida’s Gulf Coast Panhandle, where sugar-white beaches and the tourism engine of Panama City Beach draw visitors and second-home buyers year after year. The rebuilt Tyndall Air Force Base and Naval Support Activity keep a steady military and defense payroll in the area, and the region’s post-hurricane recovery has fueled real reinvestment. Prices here still undercut Florida’s pricier coastal metros, keeping renovated homes within reach of local buyers.

The right renovation on the right coast, funded with zero points and a clear runway to sale.

Similar Recently Funded Case Studies: Fix & Flip Loan in Colorado Springs, CO  •  Fix & Flip Loan in Jackson, MS  •  Fix & Flip Loan in Tyler, TX

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