Recently Funded Fix And Flip Loan In Fresno, CA

Loan Scenario:

This project features a True Zero Point Fix & Flip loan for a single‑family home in Fresno, California. The experienced investor acquired the property for $140,000 with a focused renovation budget of $15,070 aimed at exterior upgrades, safety, and market‑readiness. American Heritage Lending provided $144,215 in financing—an LTC of 93% and LTARV of 58%—supported by a flexible draw schedule. Based on scope and comps, the target After‑Repair Value (ARV) is $250,000.

The True Zero Point structure eliminated upfront points while preserving cash for construction and carrying costs—ideal for a light‑to‑moderate exterior scope where speed and curb appeal drive resale.

Scope of Work (highlights):

• Landscaping & tree trimming to improve curb appeal

• Fencing modifications to add vehicle access from the alley

• Concrete slab for driveway/sidewalk and as the foundation for a prefab carport

• Exterior painting and exterior touch‑ups

• Prefab carport installation

• Termite treatment (exterminator)

• Contingency to address unforeseen issues

With targeted exterior improvements and a pragmatic budget, the project is positioned for a clean retail turn. AHL’s high‑leverage, True Zero Point solution gave the borrower the flexibility to execute efficiently while maintaining strong deal economics.