Loan Scenario:

American Heritage Lending funded a $122,500 Fix and Flip purchase loan on a single-family detached home in Lithonia, Georgia, giving a still-developing investor capital to buy and refresh a property in metro Atlanta’s eastern suburbs. The home carried an as-is value of $131,000 and an after-repair value of $175,000. With a modest rehab budget of $20,000, the loan closed at 81.13% loan-to-cost and 70% loan-to-after-repair-value. Notably, this was a True Zero Point Loan, so no origination points were charged at closing. The 12-month interest-only term keeps carrying costs low through a light, cosmetic renovation.

This structure fits an investor with limited experience. Because the deal is underwritten on the project, a borrower still building a track record could access leverage on a manageable, lower-budget flip, and the interest-only payment preserves cash for the work.

First, the crew paints the entire house — walls, ceilings, trim, cabinets, and baseboards. Then it replaces flooring throughout, with carpet upstairs and laminate on the first floor. Next come repairs to the front and back entrance doors. From there, the team updates electrical, swapping light fixtures, switches, ceiling fans, and outlets, and refreshes plumbing with new faucets, toilets, and a hot water boiler. Finally, it finishes the miscellaneous items — an HVAC inspection, vent cleaning, new cabinet hardware, and a full house cleaning.

Lithonia sits in eastern DeKalb County along Interstate 20, about 20 miles from downtown Atlanta. Once a granite-quarrying town, it now anchors a working- and middle-class stretch of the metro near the Mall at Stonecrest and the Arabia Mountain National Heritage Area. Home prices run well below Atlanta’s core, drawing first-time buyers and renters who want proximity to the region’s job base without in-town pricing. That affordability keeps updated homes in steady demand.

Overall, this deal shows how American Heritage Lending backs investors with practical high-leverage financing. A modest budget, a zero-point structure, and interest-only payments give a newer flipper a low-risk path to complete and exit.

Similar Recently Funded Case Studies: Fix & Flip Loan in Brookhaven, PA  •  Fix & Flip Loan in East Bend, NC  •  Fix & Flip Loan in Woodbridge, VA

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