Recently Funded Fix And Flip Loan In Memphis, Tennessee
Loan Scenario:
A professional investor with ten verified projects — seven value-add REOs and three fix-and-flips exited across 2024 and 2025 — purchased a single-family home in Memphis and financed it with a fix and flip loan from American Heritage Lending, with a fix-and-rent strategy and an eventual refinance as the exit. On an $80,000 as-is value with a $35,150 rehab budget and a $120,000 after-repair value, AHL funded $83,839 at 88.11% loan-to-cost and 69.87% loan-to-after-repair-value on a 12-month interest-only term. The borrower’s deep, recent track record supported the elevated leverage on the acquisition and renovation.
Memphis has become a staple of the single-family rental and flip economy, where affordable price points, a major logistics-and-distribution employment base, and strong rent-to-price ratios draw investors from across the country. The renovation scope here is a complete interior refresh — drywall, flooring, cabinets and countertops, fixtures, and exterior finishes — positioning the home to perform well as a rental once stabilized. For investors scaling in Tennessee, this closing illustrates how a proven operator pairs renovation capital with a clear hold strategy, and AHL makes that financing straightforward to secure.
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 | $35,150 |
| After Repair Value | $120,000 |
| Loan Amount | $83,839 |
| LTC | 88.11% |
| LTARV | 69.87% |
| Term | 12-Month Interest-Only |
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