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Charlotte, NC
When a North Carolina real estate investor had only two weeks to close a loan on an investment property, they contacted Lima One.
By the Numbers:
$335K
Loan Amount
66%
Loan-to-Value Leverage
13 Months
Loan Term
$294K
Purchase Price
$125K
Rehab Budget
$600K
List Price
$200K
Profit
What would you do if you needed to close a loan to purchase an investment property in two weeks or less? A Charlotte, NC, real estate investor emailed Lima One.
Lima One’s in-house underwriting team immediately got to work, processing the loan to meet the client’s deadline. In just eight business days, the deal was closed, and the client owned the property.
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