Lima One Capital Hard Money Lender...stay away! - BiggerPockets
WEB18. Votes. Private Lending & Conventional Mortgage Advice. Lima One Capital Hard Money Lender...stay away! Myles Daniel Poster. Posted 6 years ago. I just wanted to copy and paste the review I left for Lima One Capital. Feel free to send my a note directly if you want more details. I'd just advise against using them as your lender.
Lima One Capital Pre-Approval Time - BiggerPockets
WEBLima One Capital Pre-Approval Time. Michael Hayes Poster Pro. Investor. Memphis, TN. Posted 8 years ago. Hello everyone. I'm preparing to pickup some properties for my own portfolio and decided to check with Lima One Capital since it seems like they have a pretty good fix and flip loan program, as well as a great long term hold loan program ...
Has anyoneused LIMA ONE Capital before? - BiggerPockets
WEBDec 28, 2014 · I have used them, they are a reputable lender. One thing to look out for is, like many HML, although they quote standard origination points (2 pts), however they have a minimum fee, (I think $3500) which is only 2 points if your loan is $175,00 or more. Something to factor in to your calculations. Madison SPECS. 0 Votes.
Lima One Capital for Investors - BiggerPockets
WEBInvestor. Atlanta, GA. Replied 8 years ago. I wasn't even trying to buy, but to finance/refinance 3 duplexes that I have. 1 is worth about 157K, I get rents $ 1990 and I owe 30K, another one is about 125K, I get rents 1590. and another one also about 125K and rents 1650 and both of those are free and clear.
Lima One Capital - BiggerPockets
WEBJan 7, 2015 · Lima One Capital Kevin Jefferson. Poster. Auburn, GA - Georgia; Posted Jul 10 2016, 12:12. Has anyone ...
Lima one Capital - temp hold rental funding - BiggerPockets
WEBDue to the ongoing volatility and uncertainty in the capital markets, Lima One has made the difficult decision to put a temporary hold on all Rental loan closings. This change will impact all closings after March 31, 2020. In addition, we are no longer accepting new Rental loan applications during this temporary hold period.
Lima One Lending Complaints - BiggerPockets
WEBLima One Lending Complaints. I’m looking for others that have had issues with Lima One lending. Many of the issues I have had and seen Others on the forums include; them jacking up interest rates without informing the consumer right before closing. Not paying escrow on properties. Not providing statements, fees, lending documents, other ...
AMC Appraisals and Lima One Capital - BiggerPockets
WEBNov 2, 2022 · My buyer was not able to get approved by Lima because the per unit didn't meet there minimum ($50K per unit on a 6 unit property) even though Lima One knew this info when the buyer applied. Purchase agreement was for $285K on a 6 unit. It appraised for $290K and then Lima One Capital said "Sorry it's under our minimum".
Lima one capital or Visio lending? - BiggerPockets
WEBLima one capital or Visio lending? Philip M. Poster. Buffalo, NY. Posted 2 years ago. Anyone have experience with either of these lending companies? Preferences of one over the other? Advantages/disadvantage to using these types of lenders? Any info any one could share would be greatly appreciated. Thanks!
Any experience with Lima One, LendingOne, or Aloha Capital?
WEBAny experience with Lima One, LendingOne, or Aloha Capital? Mason Ippel Poster. New to Real Estate. Grand Rapids, MI. Posted 3 years ago. Hello, Who has experience working with the lenders listed above? I see a lot of people recommending these lenders. What did you like about working with them and what did you not like working with them?