A repeat customer approached Lima One for a cash-out refinance loan on a 63-property portfolio in Indianapolis, Indiana. Lima One was able to provide a $4.1 million Rental30 Premier® loan at 60% loan-to-value leverage to help this sponsor continue to scale his real estate investment business.
This sponsor took advantage of Lima One’s flexible term options, choosing a 10-year interest only loan at 2021’s historically low interest rates. The result is maximum cash flow on these 63 properties.
Rental Portfolio Loan By the Numbers
63-Property Single-Family Rental Portfolio
Loan Purpose
Cash-Out Refinance
Loan Amount
$4.1 million
Loan-to-Value Leverage
60%
Loan Term
10 years
Interest Only
Recent Comments