Fix-and-Flip Loan Funded: $198,700 in Clinton, MD
Single-Family fix-and-flip loan, in Prince George's County, Maryland, funded in 11 days, at 71.91% LTC and 47.88% LTARV.
Deal Snapshot
- Loan Amount
- $198,700
- LTC
- 71.91%
- LTARV
- 47.88%
- Days to Close
- 11 days
- Property Type
- Single-Family
- County / MSA
- Prince George's County / Washington-Arlington-Alexandria, DC-VA-MD-WV
- Exit Strategy
- Resale
Deal Story
Flipmax funded a $198,700 fix-and-flip loan on a single-family investment property in Clinton, Maryland. The borrower was a first-time real estate investor who had identified a value-add opportunity in Prince George’s County, within the Washington-Arlington-Alexandria, DC-VA-MD-WV MSA, and needed a lender that could guide a new investor through the process while still meeting the closing deadline. After reviewing the deal profile, we issued a term sheet and closed the loan in 11 days.
The loan was structured at 71.91% loan-to-cost and 47.88% loan-to-after-repair-value, giving the borrower leverage to acquire the property and fund the renovation. The asset is a single-family residence in Clinton, Maryland, and the exit strategy is a renovation-to-resale plan in the Clinton market. The Prince George’s County location offers exposure to the broader DMV demand while keeping the entry price lower than core DC submarkets.
By closing in 11 business days, the borrower was able to honor the purchase contract and begin the renovation on schedule. The deal reflects the kind of hard money Flipmax provides for first-time and experienced real estate investors across Maryland, with straightforward underwriting and a single point of contact from term sheet to closing.
Property Photos
The Clinton, MD Market
Clinton is an unincorporated community in Prince George’s County, Maryland, located roughly 12 miles south of Washington, D.C. It draws real estate investors looking for lower entry prices than the District and Northern Virginia while still capturing demand from the Washington-Arlington-Alexandria MSA. The single-family resale market in Prince George’s County remains active, and renovated properties can compete for first-time buyers and rental investors working across the DMV.
Frequently Asked Questions
How fast did this Clinton fix-and-flip loan close?
The loan closed in 11 days from term sheet to funding.
What leverage did Flipmax provide on this deal?
The loan was structured at 71.91% loan-to-cost and 47.88% loan-to-after-repair-value.
Was this borrower an experienced investor?
This was a first-time real estate investor. Flipmax guided the borrower through underwriting and closed the loan in 11 days.
What type of property was financed?
The loan was secured by a single-family investment property in Clinton, Maryland.
What was the exit strategy?
The borrower is renovating the property for resale into the Clinton investor market.
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Submit Your DealCompliance 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.