Case Study: New Mexico Rental Investor avoids balloon payment with Lima One Capital rental refinance

New Mexico Rental Investor refinances 4 properties with Lima One Capital to avoid a balloon payment

A New Mexico rental investor faced upcoming balloon payments on four rental properties in Hobbs, New Mexico, and needed to refinance them into permanent financing. The investor reached out to Lima One Capital for a solution.

Lima One Capital provided four low interest-rate loans to refinance the properties. This solution allowed the investor to avoid the balloon payments without pulling any equity out, preserving cash flow. The loan was for $442,000 at a 50% loan-to-value ratio against an appraised value of $884,000, successfully enabling the investor to continue scaling his real estate business.