Connect with a Lima One expert today!
If you’d like to know more about this topic or see how it applies to your project, let’s talk.
Bridge Plus – Peachtree Corners, GA
A real estate investor who has worked with Lima One Capital frequently found a quadplex property in Peachtree Corners, a suburb just northwest of Atlanta, Georgia.
By the Numbers:
4
Units
$600K
Loan Amount
$755K
Purchase Price
80%
Loan to Cost Leverage
The Opportunity
A real estate investor who has worked with Lima One Capital frequently found a quadplex property in Peachtree Corners, a suburb just northwest of Atlanta, Georgia.
He wanted to purchase the property but needed a flexible financing solution given the high interest rate environment of 2022. He approached Lima One for a bridge financing option.
The Solution
Lima One empowered the investor to purchase the property with an interest-only bridge plus loan right on schedule. The 13-month term with no prepayment penalty gives the investor maximum flexibility to refinance when the interest rate environment is more favorable or extend with further bridge financing if rates remain high.
This allows the investor to start receiving cash flow from the property while maximizing profit over the
long term. The solution plus the service are the reasons the customer continues returning to Lima One.
Subscribe for More Insights
Get the latest industry news & Lima One updates.