Recently Funded Fix & Flip Loan In Maybrook, NY

Loan Scenario:

This project features a fix and flip loan for a single-family property in Maybrook, New York. The home was purchased for $135,331, with a renovation budget of $67,500. American Heritage Lending provided financing of $202,831, resulting in a Loan-to-Cost (LTC) of 100% and a Loan-to-After Repair Value (LTARV) of 67.61%. Once complete, the property is projected to reach an After Repair Value (ARV) of $300,000.

The investor, who brought prior experience to the project, planned a full renovation designed to improve both curb appeal and interior functionality. Exterior work included yard cleanup, trimming trees, adding new flowers and shrubs with mulch, power washing siding, painting the brick, resurfacing the front steps, and repairing the back patio.

Inside, the project called for a complete transformation. The investor removed outdated carpet, demoed the kitchen and bathrooms, and knocked down a wall to create an open layout between the kitchen and dining area. New drywall, mud, tape, and ceiling paint were applied throughout.

The renovation also featured all-new lighting, a redesigned kitchen with new cabinets, backsplash, LVT flooring, and appliances, plus fully renovated bathrooms with updated vanities, toilets, tub and shower surrounds, and LVT finishes.

Additional improvements included LVP flooring throughout, a fresh coat of interior paint, and new electrical outlets and switches.

Maybrook, located in New York’s Hudson Valley region, continues to see demand for updated homes at attainable price points. Renovations that deliver modern layouts, refreshed interiors, and clean curb appeal remain highly attractive to buyers, helping projects like this move quickly once listed.

This deal is another example of how American Heritage Lending supports experienced investors with financing solutions that fund both acquisition and improvements—making it possible to execute comprehensive remodels that bring older homes up to today’s market standards.