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Dublin, GA – Rental Portfolio Loan
A Georgia investor refinanced 17 duplexes in Dublin, Georgia, using Lima One’s cash-out refinance DSCR financing.
By the Numbers:
$5,068,650
Loan Amount
$6,775,000
Appraised Value
75%
Loan-to-Value Leverage
17
Duplexes
The Opportunity
A Georgia real estate investor saw the opportunity to get cash out of his portfolio of duplexes in Dublin, Georgia, when interest rates dipped. He wanted to find the best way to put his equity in these South Georgia properties to work while preserving cash flow.
He reached out to Lima One Capital, which he had used for rental financing before, to find the best solution.
The Solution
Lima One Capital provided $5 million in DSCR loans on 17 duplexes at 75% loan-to-value leverage. This allowed the investor to pay off his loans and get significant cash out to continue growing his portfolio.
The investor has now captured the equity out of these properties, which still cash flow successfully thanks to his effective property management tactics and the beneficial interest rate on the new DSCR financing. Lima One helped him successfully execute the next step in his real estate strategy as he continues to scale.
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