Recently Funded Fix And Flip Loan In Memphis, Tennessee
Loan Scenario:
Drawing on a verified record of ten projects, a professional investor purchased another Memphis single-family home and financed the renovation with an American Heritage Lending fix and flip loan, planning to sell the property once the rehab is complete. The deal began at an $80,000 as-is value with a $60,300 rehab budget and a $159,000 after-repair value, and AHL funded $107,229 at 93% loan-to-cost and 67.44% loan-to-after-repair-value on a 12-month interest-only term. The investor’s consistent exit history across 2024 and 2025 supported the high-leverage structure on the purchase and construction budget alike.
Memphis continues to reward operators who buy right and renovate to a retail standard, with a broad base of first-time and move-up buyers keeping well-finished homes moving in the city’s established neighborhoods. The scope here is comprehensive — demolition, new windows, HVAC, drywall, flooring, cabinets, and exterior finishes — aimed squarely at a resale-ready product. For flippers running multiple projects at once in Tennessee, this file shows how AHL keeps capital flowing across a pipeline, and new financing is only a prequalification away.
Similar Recently Funded Case Studies: Fix & Flip Loan in Edina, MN • Fix & Flip Loan in Glendora, CA • Fix & Flip Loan in Pensacola, FL
Key Deal Points
| Address | Memphis, TN |
| Loan Type | Fix and Flip – Purchase |
| Borrower Profile | Professional |
| Property Type | Single Family Detached |
| Appraised Value | $80,000 |
| Rehab Budget | $60,300 |
| After Repair Value | $159,000 |
| Loan Amount | $107,229 |
| LTC | 93.00% |
| LTARV | 67.44% |
| Term | 12-Month Interest-Only |
Additional Images