Recently Funded Fix And Flip Loan In Edinburgh, Indiana

Loan Scenario:

American Heritage Lending closed a $175,000 fix-and-flip loan on a single-family detached home in Edinburgh, Indiana, for an investor with a franchise flipping background and one verified project already exited. The home appraised at $130,000 at purchase, carries an ambitious $88,838 rehab budget, and targets a $250,000 after-repair value. As a True Zero Point loan, we funded it at 97.85% loan-to-cost and 70% of ARV on a 12-Month Interest-Only term.

The renovation plan is comprehensive and exterior-heavy, which is exactly what this asset needed. The scope covers a new architectural-shingle roof, fascia and soffit replacement, exterior power-washing and trim paint, deck refinishing, a repainted detached garage, and new vinyl windows, then moves inside for wall prep and repairs, interior paint, laminate hardwood and carpet, new kitchen cabinets and countertops, and a full master bathroom remodel. With a sell exit in mind, staged draws keep the crew funded through each phase and hold the timeline tight toward resale.

Edinburgh sits in Johnson County along the I-65 corridor, roughly between Indianapolis and Columbus, and punches above its size. Camp Atterbury anchors steady military and civilian activity nearby, the Edinburgh Premium Outlets pull regional shoppers, and the manufacturing strength around Columbus, home to Cummins, keeps area jobs plentiful. For buyers, the draw is affordability and an easy commute to Indianapolis metro employment, which keeps renovated, move-in-ready homes in demand.

Aggressive leverage, a disciplined scope, and a proven operator: a straightforward flip AHL was glad to back.

Similar Recently Funded Case Studies: Fix & Flip Loan in East Chicago, IN  •  Fix & Flip Loan in Colorado Springs, CO  •  Fix & Flip Loan in Jackson, MS

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