Nashville, TN

The Opportunity

For years now, Nashville has been one of the nation’s hottest real estate markets with residents flocking to the area. So investors know they can profit through ground-up construction projects in the Music City.

This builder had a lot in downtown Nashville and wanted to create a build to rent property. To maximize profits, the builder planned on a triplex that would allow for three renters at once. They needed financing
to cover the lot purchase and construction budget, with an efficient closing and a convenient draw process to keep the project moving at full speed.

The Solution

Lima One financed the build of this triplex, allowing the builder to complete a property designed with modern-day renters in mind. Lima One’s in-house underwriting got the closing done quickly, and in- house construction management issued construction draws within four days—allowing the builder to successfully manage project costs and keep things moving.

With a great location and premium rental units, the investor is set up for profitable cash flow for years to come.