Loan Scenario:

American Heritage Lending funded a $330,894 Fix and Flip purchase loan on a single-family detached home in Tacoma, Washington, backing a seasoned investor’s acquisition and renovation in the South Sound. The property carried an as-is value of $325,000 and an after-repair value of $450,000. With a rehab budget of $59,800, the loan closed at 93% loan-to-cost and 73.53% loan-to-after-repair-value — high leverage matched to a defined scope. The 12-month interest-only term keeps carrying costs manageable while the crew turns the property.

This structure suits a professional flipper. High loan-to-cost leverage limits the cash tied up in the deal, and the interest-only payment keeps the focus on schedule and budget rather than principal. With most of the acquisition and rehab financed, an experienced operator can keep capital free to run more than one project at a time.

First, the crew handles demolition and dump fees to clear the property. Then it replaces the roof, gutters, and downspouts and installs new siding and exterior doors. Next comes framing lumber, followed by plumbing and electrical labor and fresh insulation. From there, the team sets a new hot water tank and hangs drywall. Finally, it lays new floors and adds recessed can lighting throughout.

Tacoma is Pierce County’s economic center and a more affordable alternative to Seattle, about 35 miles north. The Port of Tacoma is one of the largest container gateways in the country, and Joint Base Lewis-McChord — the region’s largest employer — anchors a steady base of military and civilian households. Major health systems MultiCare and Virginia Mason Franciscan Health add thousands of jobs, and the University of Washington Tacoma anchors the downtown core. Sound Transit’s expanding light rail has pulled priced-out Seattle commuters south, and with median home values still trailing King County, buyer and renter demand runs deep. That demand keeps well-renovated homes moving.

Overall, this deal shows how American Heritage Lending backs investors with practical high-leverage financing. A strong after-repair spread, a tight scope, and interest-only carrying costs give an experienced flipper room to execute in a supply-constrained market.

Similar Recently Funded Case Studies: Fix & Flip Loan in Brookhaven, PA  •  Fix & Flip Loan in East Bend, NC  •  Fix & Flip Loan in Woodbridge, VA

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