Case Study: Flipper achieves a successful fix-and-flip in Phenix City with Lima One Capital

Flipper secures 85% blended loan-to-cost with Lima One Capital

The customer, a veteran real estate flipper, faced a challenge re-entering the market after a health-related hiatus. They needed a lender who understood their experience and a specific profit opportunity for a fix and flip property in Phenix City, Alabama. They turned to their longstanding relationship with Lima One Capital for its fix and flip financing product.

Lima One Capital provided a solution with high-leverage financing, offering an 85% blended loan-to-cost that included 100% of the rehab budget. The solution also featured in-house construction draws and servicing to simplify the process. The measurable results included a loan amount of $202,300 on a property with an after-repair value of $289,000, enabling a successful flip. The flipper benefited from Lima One's flexible financing and the strong, dedicated relationship with their loan officer.

Flipper