Recently Funded Fix And Flip Loan In Colorado Springs, Colorado

Loan Scenario:

Every seasoned flipper started somewhere, and American Heritage Lending backed a first-time investor’s entry into the business with a $244,999 fix-and-flip loan in Colorado Springs, Colorado. Closing the deal through an entity, the borrower acquired a single-family detached home valued at $240,000 with a $50,000 rehab budget and a $350,000 after-repair value. AHL funded roughly 84% of cost and 70% of ARV on a 12-Month Interest-Only term, using our lender-funded rehab product.

The scope is a comprehensive gut-and-refresh: a new roof, full flooring throughout, updated kitchen cabinets and countertops, remodeled bathrooms, and a high-efficiency water heater, plus drywall, painting, electrical updates, new interior and exterior doors, and landscaping and hardscaping to lift curb appeal. With draws funding the work and interest-only payments keeping carry light, the plan points toward a refinance exit once the home is stabilized and repositioned.

Colorado Springs is one of the Front Range’s growth engines, defined by an enormous military footprint that includes Fort Carson, Peterson Space Force Base, the U.S. Air Force Academy, and NORAD, alongside a growing defense and technology sector. Set against the backdrop of Pikes Peak, with Garden of the Gods and endless outdoor access nearby, the city draws newcomers with its lifestyle and housing that still reads as a relative value next to Denver. That steady in-migration keeps buyer demand deep.

A first-timer, a strong market, and a well-defined scope. AHL was proud to fund this launch.

Similar Recently Funded Case Studies: Fix & Flip Loan in Jackson, MS  •  Fix & Flip Loan in Tyler, TX  •  Fix & Flip Loan in Chickasha, OK

Key Deal Points

Address Colorado Springs, CO
Loan Type Fix and Flip – Purchase
Borrower Profile No Experience
Property Type Single Family Detached
Appraised Value $240,000
Rehab Budget $50,000
After Repair Value $350,000
Loan Amount $244,999
LTC 84.48%
LTARV 70.00%
Term 12-Month Interest-Only
Loan Structure True Zero Point Loan
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Additional Images

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