Recently Funded Fix And Flip Loan In Clinton, MD

Loan Scenario:

This project highlights a fix and flip loan for a single-family property in Clinton, Maryland. The investor purchased the home for $345,000, with a renovation budget of $60,000. American Heritage Lending provided financing of $331,500, resulting in a Loan-to-Cost (LTC) of 81.85% and a Loan-to-After Repair Value (LTARV) of 65.0%.

Upon completion, the property is expected to reach an After Repair Value (ARV) of $510,000. The borrower, a first-time investor, partnered with AHL to execute a comprehensive renovation and successfully position the property for resale.

The renovation scope includes major interior upgrades such as demo, drywall, interior paint, updated electrical and plumbing, recessed lighting, new kitchen appliances, updated baths, and new flooring.

Exterior improvements include painting the trim, landscaping, power washing, and cleaning to boost curb appeal. Clinton’s housing market remains resilient, with median home values around $449,000 and steady demand for updated homes.

Properties in this area typically sell within 13–44 days, with multiple offers not uncommon. Long-term appreciation has averaged over 6% annually, providing first-time investors with a favorable environment to achieve profitable exits while gaining experience in a competitive market.

This deal showcases how American Heritage Lending supports new investors with high leverage financing solutions, making it possible to take on substantial projects and succeed in today’s market.