Recently Funded Fix And Flip Loan In Memphis, Tennessee
Loan Scenario:
The same ten-project investor acquired a deeply discounted Memphis single-family home at a $41,000 as-is value and financed its turnaround through an American Heritage Lending fix and flip loan, with a sale as the planned exit. Against a $39,650 rehab budget and a $135,000 after-repair value, AHL funded $74,074 at 93% loan-to-cost and a notably conservative 54.87% loan-to-after-repair-value on a 12-month interest-only term. That low after-repair leverage leaves one of the widest equity cushions in the portfolio, a reflection of both the borrower’s experience and the strength of the underlying margin.
Low-basis acquisitions like this one are where Memphis shines for disciplined flippers: the city’s inventory of sub-$50,000 homes gives operators the room to fund a full renovation and still resell well below replacement cost, keeping the finished product competitive. The scope runs from demolition and new windows through drywall, flooring, cabinets, fixtures, and exterior work — a complete rebuild of the home’s livability. Investors chasing high-margin value-add deals across Tennessee will find this structure familiar, and AHL is ready with the financing to execute.
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 | $41,000 |
| Rehab Budget | $39,650 |
| After Repair Value | $135,000 |
| Loan Amount | $74,074 |
| LTC | 93.00% |
| LTARV | 54.87% |
| Term | 12-Month Interest-Only |
Additional Images