Recently Funded Fix And Flip Loan In Fairview Heights, IL

Loan Scenario:

This project highlights a fix and flip loan for a single-family property in Fairview Heights, Illinois. The investor purchased the home for $164,000 and allocated a renovation budget of $29,800. American Heritage Lending provided $180,234 in financing, structured as a True Zero Point Loan, which resulted in a Loan-to-Cost (LTC) of 93% and a Loan-to-After Repair Value (LTARV) of 66.75%. Once the renovation is complete, the property is expected to reach an After Repair Value (ARV) of $270,000.

The borrower is an experienced real estate investor, and their renovation plan focuses on meaningful updates that will elevate both the interior and exterior of the home. Inside, the project begins with demolition work and the removal of popcorn ceilings, which creates a cleaner and more modern appearance.

Additionally, new recessed lighting and updated fixtures will brighten the space and improve overall functionality. All interior doors will receive new hinges and handles to provide a consistent, refreshed finish throughout the home.

The kitchen and bathrooms will also see significant improvements. For example, the investor is adding new countertops, a tile backsplash, upgraded plumbing fixtures, cabinet hardware, and a new garbage disposal in the kitchen. Furthermore, new flooring will be installed across the entire home, supported by updated baseboards to complete the transformation.

Electrical enhancements include new outlets, switches, GFCI protection where needed, and new exhaust fans in every bathroom. Each bedroom and the family room will also receive a new ceiling fan. To finish the interior, the investor will install new mirrors, towel bars, and fixtures in the bathrooms.

Exterior improvements add another layer of value to the project. The home will be repainted to freshen its appearance, while exterior outlets will be weatherproofed for added safety. Likewise, exterior light fixtures will be replaced. The project will conclude with a light landscaping cleanup, which will improve curb appeal and help position the property strongly once it is listed for resale.

Fairview Heights continues to see steady demand for updated single-family homes. As a result, renovated properties with modern finishes often attract strong buyer interest. Because this project combines a thoughtful renovation plan with conservative leverage and a True Zero Point Loan structure, it is positioned well for a clean and timely resale in the local market.

This financing scenario demonstrates how American Heritage Lending supports experienced investors by offering high-leverage fix and flip solutions, including True Zero Point Loan options. These programs allow investors to complete renovations efficiently while keeping upfront costs low and capital available for future projects.