Recently Funded Fix And Flip Loan In Okemos, Michigan
Loan Scenario:
An experienced investor with three verified flips exited between 2024 and 2026 partnered with American Heritage Lending to acquire and renovate a single-family home in Okemos, Michigan. AHL funded a True Zero Point, 12-month interest-only fix and flip loan of $300,000 at nearly 90% loan-to-cost — covering a $260,000 purchase and an $84,920 rehab toward a $400,000 after-repair value. The scope runs deep, from full kitchen and bath renovations to a finished basement, new windows, and mechanical updates, with the investor planning to refinance and hold once the project stabilizes. At a clean 75% loan-to-ARV, the deal was structured with real cushion.
Okemos is one of the most desirable suburbs in the East Lansing area, anchored by Michigan State University and strong local schools that keep Michigan housing demand consistent. Renovated homes in this pocket appeal to both buyers and long-term tenants, supporting a flexible exit. Investors pursuing a fix-and-rent play can begin their financing with AHL.
Similar Recently Funded Case Studies: Fix & Flip Loan in Youngsville, LA • Fix & Flip Loan in Mcallen, TX • Fix & Flip Loan in Canton, OH
Key Deal Points
| Address | Okemos, MI |
| Loan Type | Fix and Flip – Purchase |
| Borrower Profile | Experienced |
| Property Type | Single Family Detached |
| Appraised Value | $260,000 |
| Rehab Budget | $84,920 |
| After Repair Value | $400,000 |
| Loan Amount | $300,000 |
| LTC | 89.57% |
| LTARV | 75.00% |
| Term | 12-Month Interest-Only |
| Loan Structure | True Zero Point Loan |
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