Recently Funded Fix And Flip Loan In in Middletown, Connecticut

Loan Scenario:

This fix-and-flip project features a multi-unit property in Middletown, Connecticut, where an experienced investor secured a $332,500 fix-and-flip loan to finance a $350,000 purchase and $28,500 in planned renovations. The deal came together with a Loan-to-Cost (LTC) of 87.85% and a Loan-to-After Repair Value (LTARV) of 70%, with an expected After Repair Value (ARV) of $475,000 once the work is complete.

The renovation focuses on both exterior presentation and interior functionality. Outside, the front and back decks are being repaired and reinforced, and the yard is being cleaned up and landscaped to boost curb appeal. Inside the units, new vinyl flooring is being installed, fresh paint is being applied, and outdated windows and doors are being replaced as needed.

Kitchens are receiving new appliances, and the bathrooms are being upgraded with modern plumbing fixtures and electrical finishes. The remaining interior details are being completed to give each unit a clean, polished look.

Middletown is a market where quality renovation can truly make a difference. With its walkable downtown, mix of classic architecture, and proximity to Hartford and New Haven, the area continues to attract buyers looking for both charm and convenience. Updated multi-unit properties in the $450K–$500K range tend to move quickly—especially when the upgrades are done right.

This project is a great example of an opportunity in action. With financing designed to match the project’s needs, the investor was able to stay focused on execution. It’s another example of how American Heritage Lending supports active investors with flexible, dependable solutions that keep things moving forward.