Recently Funded Fix And Flip Loan In La Plata, Maryland
Loan Scenario:
American Heritage Lending funded a $329,000 fix and flip loan for an experienced, repeat investor purchasing a single-family home in La Plata, Maryland. The property carried a $400,000 as-is value against a $470,000 after-repair value, with a $51,775 rehab budget, structured at 90.94% loan-to-cost and 70% loan-to-ARV on a 12-month interest-only term. The renovation plan is comprehensive — engineered and luxury-vinyl-plank flooring, new carpet, tile work, a full kitchen remodel, reworked master and guest bathrooms, fresh paint, and an exterior power wash — with a contingency reserve set aside to hold the timeline. A track record of similar like-kind projects gives this borrower a clear path to a clean sale.
La Plata is the seat of Charles County in southern Maryland, a bedroom community within commuting reach of the Washington, D.C. job market, where updated single-family homes move quickly with relocating buyers. That demand supports a well-executed flip at this price point. It is exactly the kind of deal AHL’s Maryland lending is built for; prequalify for financing to fund your next one.
Similar Recently Funded Case Studies: Fix & Flip Loan in Memphis, TN • Fix & Flip Loan in Edina, MN • Fix & Flip Loan in Glendora, CA
Key Deal Points
| Address | La Plata, MD |
| Loan Type | Fix and Flip – Purchase |
| Borrower Profile | Experienced |
| Property Type | Single Family Detached |
| Appraised Value | $400,000 |
| Rehab Budget | $51,775 |
| After Repair Value | $470,000 |
| Loan Amount | $329,000 |
| LTC | 90.94% |
| LTARV | 70.00% |
| Term | 12-Month Interest-Only |
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