Houston, TX

The Opportunity

An investor looking to purchase a Houston home as an investment needed financing to purchase and complete heavy rehab on the home. However, the appraisal on the home came back lower than the seller preferred, which meant the investor needed to get creative to close the deal.
So the investor came to Lima One for help.

The Solution

Lima One worked with the investor to get an updated appraisal that accurately reflected both the current-day and after-repair value of the property. This appraisal helped the investor renegotiate the purchase price on the property, ensuring positive ROl on the flip. The result is a deal that will help the investor succeed, with dependable interest-only financing at 75% LTV. The investor is now poised to profit in a way that wouldn't have happened without Lima One's help.