Little Rock, AR – Rental

The Opportunity

An Arkansas couple that owned three Little Rock rental properties needed to refinance. They had bought the distressed properties five years earlier to execute the BRRR strategy and had successfully rehabbed and rented out the properties.

Now it was time for them to refinance the properties to capture the value they had created   while maintaining cash flow on a monthly basis. They came to Lima One for options.

The Solution

With fresh appraisals in hand, Lima One offered a loan at 60% leverage to the current-day value of the properties in a cross-collateralized portfolio loan. This gave the investors the proceeds to pay off their original loans and cash out their equity while refinancing into DSCR loans that left room for monthly cash flow.

Lima One’s flexible rental loans offered the solutions these clients needed to complete their chosen strategy and continue scaling their investment portfolio.