Single-Family Rental – Temple Hills, MD

The Opportunity

An investor with a single-family rental property in the Washington, D.C. suburb of Temple Hills, Maryland, wanted to refinance his property to get cash out and continue growing his portfolio. However, in the higher interest rate environment of early 2023, the investor wanted financing that limited risk while providing the best cash flow today. He searched online directories, and that search led him to Lima One.

The Solution

The investor took advantage of Lima One’s no prepayment penalty option on a cash-out refinance 30-year loan with a fixed interest rate. This gives the investor maximum flexibility to refinance in the future, while also providing maximum security against interest rates continuing to rise.

Lima One’s rental loan options allowed the investor to select the most favorable loan terms, allowing him to scale his portfolio regardless of the economic environment.