Multifamily Details
Opportunity knocks, but in a competitive market, it doesn’t wait long for you to answer. When you find an attractive multi-family property that needs some rehab work or time to stabilize occupancy, Lima One Multifamily Loans and lending options let you set your investment strategy in motion without waiting around for agency approval.
Flexible Multifamily Financing
Because conventional is so … well, conventional
Go ahead and close on a property with all cash. Then, if you apply for a multifamily loan with Lima One within six months, we consider it an acquisition and will finance it with a bridge loan. Our delayed acquisition solution gives you the flexibility to acquire a property with cash and then secure the financing you need with us before another refinance with an agency.
Operators who live outside the United States but invest in American real estate qualify for our multifamily loans with only a modest decrease in leverage.
We know legitimate sponsors may not live in the market of their project, and we’re cool with it. Many lenders only lend to sponsors who live in the same market as their project. We’re different. If you’re a national real estate investor, we let your experience speak for itself.
With a Lima One Multifamily Loan, you’re not personally guaranteeing the loan. This mitigates your risk — so long as you don’t violate the multifamily lending agreement, of course.
We don’t require a 1.0 DSCR like other multifamily lenders. We’ll provide a bridge loan on vacant multifamily properties or properties with low occupancy as long as you’re actively bringing in leasing traffic.
Forget floating rates and cap costs. Our fixed-rate solutions can save you hundreds of thousands of dollars in a fluctuating rate environment.
Multifamily Insights
