Build-to-Rent Portfolio – Humble, TX

The Opportunity

A Texas build-to-rent investor was ready to start on his next five duplex construction projects. To proceed, he wanted to use his equity in duplexes he had already built and rented in the Houston suburb of Humble, Texas.

He had a business-purpose lender in place, but he preferred to work with Lima One because of the responsiveness and professionalism of his rep. He reached out to see what financing options Lima One could offer.

The Solution

Lima One offered full 75% loan-to-value leverage to complete a cash-out refinance of six duplexes. The rep was able to match the pricing the investor had received from his previous lender, while providing premier customer service throughout the life of the loan.

Now the investor has cash on hand to continue building more duplexes to grow his portfolio, and he has taken advantage of Lima One’s versatile product suite to finance his next build. Plus, by successfully refinancing these six properties, the builder qualifies for better leverage and pricing on his new construction loans with Lima One.

Lima One’s premier service and investment financing options are empowering this builder to continue scaling his business.