Bob Vila, the man who became the face of home renovations and the personality behind home improvement television, has named Lima One Capital as the best financial partner for investors looking to flip a house in 2022.
In an article featuring three of private lending’s best, Lima One scored Best Overall for its “support [for] both first-time and experienced house flippers with a multitude of lending options that allow borrowers to tailor their loan according to their financial situation, property type, property use, and real estate goals.”
The publishers at bobvila.com based their rankings on top considerations when choosing the best fix and flip loan including coverage area, interest rates, approval time, loan type, and eligibility requirements. Lima One boasts national coverage that spans across 46 states offering solutions not only for flippers, but also for investors purchasing rental, new construction, and multifamily properties for their investment strategies.
Beyond its premier fix and flip offering, the article praises the ease of use of Lima One’s customer portal as well as its free market analysis resources that allow borrowers to analyze trends within their local markets and capitalize on new investment opportunities.
“We work in a dynamic real estate environment that demands nimble partnerships to maintain consistency when scaling a fix and flip business,” explains Chief Marketing Officer Taylor Owens. “This is why we continue to develop our fix and flip program and fine-tune our customer experience at all stages of the loan.”
About Lima One Capital
Since its inception in 2011, Lima One Capital has funded over $4.5 billion in loans for real estate investors who are building, improving, and stabilizing neighborhoods across the nation. Lima One’s core loan products are New Construction loans for ground-up construction, in-fill, specs, and model homes; Fix and Flip, a 13-month bridge loan for investors who are buying, renovating, and selling properties; Rental property and portfolio loans for purchasing or refinancing residential rental properties; and Multifamily lending for the purchase, rehab, refinance, or hold of 5+ unit multifamily properties. For more information, visit limaone.com.