Rental Portfolio Loan – Memphis, TN
Lima One Capital is the nation’s premier lender for real estate investors. Whether investors are looking to purchase or refinance, we have a loan product that fits investor needs.
Our Rental30 Premier® loan is popular among real estate investors who have multiple single-family rentals in a portfolio because it gives the investor an opportunity to purchase a portfolio or refinance an existing portfolio.
This investor group wanted to do a cash-out refinance on the portfolio in order to invest in additional properties. By choosing Lima One, the investor group was able to get the cash they needed at closing, and they were able to lock in a low interest rate.
Rental Portfolio Loan By the Numbers
- 12-property portfolio
- Loan Amount: $1.43M
- ARV: $2.04M
- Loan to ARV: 70%
- Loan Term: 30 years