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Updated over 2 years ago on . Most recent reply

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Kendall Porth
  • Rental Property Investor
  • Chicago, IL
0
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3
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Looking for other lending companies similar to Lima One Capital

Kendall Porth
  • Rental Property Investor
  • Chicago, IL
Posted

In the past I have used Lima One Capital to refinance rental units paid for in cash and they would lend on a unit as long as it appraised for 60K minimum if it was blended with other units that were above 100k. 

Last week they changed their policy and the units now must appraise for a minimum of 75k. I was wondering if anyone had any recommendations for other companies that will go as low as 60K for some units. I am trying to do a commercial refinance on several condos/townhomes.

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