Rental Portfolio Loan – Montgomery, AL

The Opportunity

An investor who was scaling per portfolio found three promising rental properties available for sale in Montgomery, Alabama. She put in offers and started looking for financing. But her existing lender dropped the ball, and she needed financing fast. 

She had spoken to Lima One about previous investment opportunities and knew that her loan officer was responsive even though she had not yet closed a deal with the company. She reached out to see what financing options Lima One could provide on these three purchases.

The Solution

Lima One provided purchase financing at 75% loan to value on the three-property portfolio. The investor chose Lima One both because of her good experience with the team and because the DSCR loans included offered a five-year interest only period at the beginning of the 30-year term.

The investor now has three additional cash-flowing properties in her portfolio and the flexibility to continue scaling, especially during her interest-only period. Lima One’s combination of investor-focused loan options and customer-centered team are the key to helping her execute her strategy and keep going.