Recently Funded Fix And Flip Loan In East Bend, North Carolina

Loan Scenario:

An experienced investor identified a value-add opportunity in East Bend and brought the purchase to American Heritage Lending for a fast, high-leverage close. The single-family detached home appraised at $150,000 as-is, and with a detailed $71,000 rehab plan pushing toward a $260,000 after-repair value, our team delivered a fix and flip loan of $175,595 — a full 90% of cost with our lender-funded rehab product covering the construction draws.

This borrower’s three completed projects and clear exit strategy made the file straightforward to underwrite. The scope was comprehensive but well-sequenced — adding HVAC and a bath, refinishing hardwoods, waterproofing the basement, and reworking the kitchen and exteriors — all landing the finished product at a comfortable 67.54% loan-to-ARV. Structured as a 12-month interest-only term and closed in the borrower’s entity, the deal gave them room to execute and sell without payment pressure squeezing the margin.

East Bend sits in the Yadkin Valley just west of Winston-Salem, a rural-suburban pocket where renovated single-family homes remain genuinely affordable and buyer demand stays steady thanks to proximity to the Triad’s job base and the region’s growing wine country. For an experienced flipper, that combination of low entry cost and healthy resale ceiling is exactly the spread worth chasing. If you’re hunting your next project in North Carolina, our team can move quickly on financing that funds both the purchase and the rehab.

Similar Recently Funded Case Studies: Fix & Flip Loan in Marysville, CA  •  Fix & Flip Loan in Edinburgh, IN  •  Fix & Flip Loan in Minneapolis, MN

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