Recently Funded Fix & Flip Loan In Kingwood, Texas

Loan Scenario:

This fix and flip loan features a detached PUD in Kingwood, Texas. In fact, the property sits in the Houston metro, a market with steady buyer demand. The professional investor acquired the home for $320,000 with a rehab budget of $68,000. Notably, American Heritage Lending provided $358,050 in financing as a True Zero Point Loan. The loan also carries a 12-month interest-only term. As a result, the deal sits at a Loan-to-Cost (LTC) of 92.28% and a Loan-to-After Repair Value (LTARV) of 69.52%. Also, the After Repair Value (ARV) comes in at $515,000.

First, the rehab begins with a full demo to prep the home for a complete refresh. Then, the bathrooms get a full remodel along with new kitchen counters and updated appliances. Next, the interior receives fresh paint, new wood flooring, carpet, and refreshed wood stairs. From there, the exterior gets new siding, a fresh coat of paint, and professional landscaping. Finally, the project wraps with a fence adjustment and a full interior and exterior cleanup.

Kingwood continues to draw buyers as a well-established community in the Houston metro. Also, updated homes here benefit from strong schools and easy access to major job centers. Moreover, steady demand and limited supply of move-in-ready homes support solid resale conditions.

Overall, this deal shows how American Heritage Lending supports professional investors with high-leverage fix and flip financing. Notably, the True Zero Point Loan structure removes upfront discount points. As a result, the borrower can put more capital toward the rehab while keeping costs low.