Fix-and-Flip Loan Funded: $287,000 in Jonesboro, GA
Single-Family fix-and-flip loan, in Clayton County, Georgia, funded in 5 days, at 87.27% LTC and 64% LTARV.
Deal Snapshot
- Loan Amount
- $287,000
- LTC
- 87.27%
- LTARV
- 64%
- Days to Close
- 5 days
- Property Type
- Single-Family
- County / MSA
- Clayton County / Atlanta-Sandy Springs-Roswell, GA
- Exit Strategy
- Resale
Deal Story
Flipmax funded a $287,000 fix-and-flip loan on a single-family investment property in Jonesboro, Georgia. The borrower identified a value-add opportunity in Clayton County, within the Atlanta-Sandy Springs-Roswell MSA, and needed a lender that could move as quickly as the closing deadline required. After reviewing the deal profile, we issued a term sheet and closed the loan in 5 days.
The loan was structured at 87.27% loan-to-cost and 64% loan-to-after-repair-value, giving the borrower leverage to acquire the property and fund the renovation. The asset is a single-family residence, and the exit strategy is a renovation-to-resale plan in the Jonesboro market. The Clayton County location offers exposure to the broader Atlanta demand while keeping the entry price lower than core Atlanta submarkets.
By closing in five business days, the borrower avoided extension penalties and was able to honor the purchase contract. The deal reflects the kind of fast, hard money Flipmax provides for real estate investors across Georgia, with straightforward underwriting and a single point of contact from term sheet to closing.
Property Photos
The Jonesboro, GA Market
Jonesboro is the seat of Clayton County and sits roughly 20 miles south of downtown Atlanta. It draws real estate investors looking for lower entry prices than intown neighborhoods while still capturing demand from the Atlanta-Sandy Springs-Roswell MSA. The single-family resale market in Clayton County remains active, and renovated properties can compete for both first-time buyers and rental investors exiting to the broader Atlanta area.
Frequently Asked Questions
How fast did this Jonesboro fix-and-flip loan close?
The loan closed in 5 days from term sheet to funding.
What leverage did Flipmax provide on this deal?
The loan was structured at 87.27% loan-to-cost and 64% loan-to-after-repair-value.
What type of property was financed?
The loan was secured by a single-family investment property in Jonesboro, Georgia.
What was the exit strategy?
The borrower is renovating the property for resale into the Jonesboro investor market.
What was the loan amount?
The loan amount was $287,000.
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Compliance notice: Flipmax LLC provides commercial, business-purpose loans for real estate investment only. Loans are not for personal, family, household, or owner-occupied use. All terms, rates, fees, and guidelines are subject to underwriting and may change without notice. Flipmax is an equal-opportunity lender. This case study is for informational purposes and does not constitute an offer to lend or a commitment to fund. Please have legal counsel review this language before publication.