Loan Scenario:

A first-time flipper brought American Heritage Lending a single-family home in La Puente, California and asked us to fund both the purchase and the renovation, so we structured a fix and flip loan using our lender-funded rehab product and closed it in the borrower’s entity. The $668,045 loan covered 80% of total cost against a $64,700 rehab budget, and with an after-repair value of $990,000 the financing landed at a comfortable 67.48% loan-to-ARV on a 12-month interest-only term.

La Puente sits in the San Gabriel Valley east of Los Angeles, a dense, established pocket of California where buyer demand for move-in-ready homes stays strong and updated inventory is scarce. The scope here is smart and cosmetic rather than structural, covering refinished countertops, a tile backsplash, fresh flooring and interior paint, cabinet painting, popcorn-ceiling removal and new lighting throughout, which is precisely the kind of light-touch work that lifts a dated house to the top of its neighborhood.

Even without prior flip experience, the borrower qualified because the deal’s cost basis, rehab plan and exit all held together, and the lender-funded rehab draws will reimburse the work as it is completed. Investors ready to tackle their first project can get started by reviewing their financing with our team.

Similar Recently Funded Case Studies: Fix & Flip Loan in Glendora, CA  •  Fix & Flip Loan in La Plata, MD  •  Fix & Flip Loan in Arcanum, OH

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