Lima One Capital
Overview
At Lima One Capital, you’ll find a private lending company built differently than most others. From the initial conversation to the final payoff, you’ll be working with our team of in-house experts at Lima One – not an outsourced vendor. They provide new construction loans, multifamily loans, and more for real estate investors.
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Recommended for the Following
Individual Self-Managing Property Owners – Yes
Property Managers and Co-hosts – Yes
Features
Fix & Flip / Bridge Loan
- Up to 92.5% LTC, 75% LTV
- Loans from $75K to $3MM
- 13, 19, and 24-month term options
- Non-recourse available
- Interest only loans
- 1-4 unit residential properties
- In-house construction management
Fix to Rent Loan
- Single property and portfolio loan options
- Fast, simple closings on both the construction loan and rental loan
- 13, 19, and 24-month term options for the construction
- 5, 10, and 30-year term options for the rental loan
- Non-recourse available
Bridge Plus Loan
- Fast closing
- No prepayment penalty
- Up to 80% LTV
- Non-recourse available
- 13, 19, and 24-month term options
- Single loans and portfolio blanket loans
New Construction
- Up to 85% LTC, 100% LTV
- Loans from $100k to $3mm
- 13, 19, and 24-month term options
- Non-recourse available
- Interest-only loans, paying only on drawn funds
Build to Rent
- Single property and portfolio loan options
- Fast, simple closings on both the construction loan and rental loan
- 13, 19, and 24-month term options for the construction
- 5, 10, and 30-year term options for the rental loan
- Non-recourse available
Single Rental Property Loans
- One rental property, one loan
- Loans from $75k to $2.5M
- 5, 10, and 30-year options
- Flexible term and interest rate options
- Up to 80% LTV on purchase & rate/term refi, up to 75% on cash out
- No personal income requirements
Portfolio Rental Loans
- 2 or more rental properties, one loan
- No maximum loan amount or unit count
- 5, 10, and 30-year options
- Multiple structure options available to fit your unique investment strategy
- Fixed-rate, ARMs, fully amortizing, interest only, or balloons
- Non-recourse available
- Flexible pre-payment options
Short-Term Rental Loans
- Up to 75% LTV on purchases
- Up to 70% LTV for cash-out refinance – must have 12 months of short-term income verification
- 1.3+ DSCR
- Minimum FICO 700
- 5, 10, and 30-year options
- Multiple structure options available to fit your unique investment strategy
- Fixed-rate, ARMs, fully amortizing, interest only, or balloons.
Value-Add Bridge
- Up to 85% LTC, 70% LTV
- Loans up to $10mm
- 24-36 month Interest Only Terms
- Low or no cash flow is ok
- Small, medium, or large Cap EX budgets
- Non-recourse available
Stabilized Bridge
- Up to 80% LTC/LTV
- Loans up to $10mm
- 24-36 month Interest Only Terms
- Financing for Freddie, Fannie, or bank fallout deals
- Low in-place DSCR requirements
- Non-recourse available
Pros
- Delivers exceptional customer service at every single step along the way
- Pay interest only on what you draw, not on unused funds
Cons
Customer Reviews
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