Recently Funded Fix And Flip Refinance in Enfield, NC

Loan Scenario:

This project involves a fix and flip refinance for a single-family property located in Enfield, North Carolina. The investor secured a refinance loan of $93,500 based on an appraised value of $130,000. With an LTC of 45.06% and an LTARV of 71.92%, the loan structure reflects a conservative and well-positioned project. The investor’s renovation budget of $42,500 will be used to complete the remaining improvements before listing the home for resale.

The borrower, a professional real estate investor, is completing a full property rehabilitation. The work includes demolition and foundation repairs, followed by the installation of a new roof and gutters. Exterior improvements continue with siding repair or replacement and complete exterior painting. Inside the home, the investor is updating the electrical and plumbing systems, installing a new HVAC system, and completing all interior painting. New appliances will be added, and the project will be finished with landscaping to improve curb appeal and overall presentation.

Enfield is part of a smaller but steady housing market where updated homes tend to stand out. With buyers often looking for properties that are fully renovated and move-in ready, this project is positioned to attract strong interest once completed. The conservative leverage, combined with the investor’s experience and the scope of improvements, supports a clear path to resale.

This refinance demonstrates how American Heritage Lending helps experienced investors stabilize financing during renovation. By offering no cash-out options within the fix and flip program, AHL gives investors the flexibility to finish their projects, maintain momentum, and prepare for a successful exit.