Recently Funded Fix & Flip Loan In Sturtevant, WI

Loan Scenario:

This project features a fix and flip loan for a single-family property in Sturtevant, Wisconsin. The property was purchased for $176,250, with a renovation budget of $70,800. American Heritage Lending provided $208,000 in financing, resulting in a Loan-to-Cost (LTC) of 84.19% and a Loan-to-After Repair Value (LTARV) of 65.00%. The home is projected to reach an After Repair Value (ARV) of $320,000. The financing was structured with 0 discount points, giving the investor a cost-effective loan tailored to the project.

The investor, taking on their first project, executed a moderate renovation designed to improve both function and appeal. The scope included demolition, plumbing upgrades, new windows, and HVAC installation. Inside, the work featured drywall repair, fresh paint, new flooring, and full kitchen and bathroom renovations. The home was finished with updated appliances, giving it a modern, move-in-ready feel.

Sturtevant, located in southeast Wisconsin, offers affordable entry points and steady buyer demand—making it a strong location for investors to start building experience. Properties that combine structural upgrades with cosmetic improvements tend to attract buyers quickly in this market.

This deal is another example of how American Heritage Lending helps new investors get started in real estate by providing flexible financing and competitive terms—covering acquisition and rehab costs while keeping lending expenses low.