August 3, 2026.

Summary

An experienced real estate investor identified a prime fix-and-flip opportunity in Chevy Chase, Maryland, with plans to transform an 1,800-square-foot home through a major renovation and second-story addition. To capitalize on the opportunity, the investor needed a lender capable of closing quickly while providing reliable financing for an extensive rehab. Lima One Capital delivered a financing solution that combined speed, high leverage, and full rehab funding, allowing the project to move forward on schedule.

The Deal at a Glance

Property Type: Fix & Flip
Location: Chevy Chase, Maryland
Loan Amount: $1,432,750
Purchase Price: $1,215,000
Rehab Budget: $400,000
Loan-to-Cost (LTC): 89%
After-Repair Value (ARV): $2,875,000
Loan-to-ARV (LTARV): 50%

The Challenge

A seasoned fix-and-flip investor identified a high-potential property just outside Washington, D.C., with plans to significantly increase its value by adding a second story and completing a comprehensive renovation.

The opportunity required immediate action. To secure the property, the investor needed a lending partner capable of closing quickly while also providing confidence in the rehab financing process. Equally important was working with a lender that had a thorough contractor review process to ensure the project could proceed without unnecessary delays.

The Solution

Lima One Capital closed the loan in just 14 days, giving the investor the speed needed to secure the acquisition and begin construction.

The financing included a $400,000 rehab budget, fully funded as part of the loan, allowing the borrower to complete the planned second-story addition and maximize the property’s projected value. The loan was structured with 89% loan-to-cost leverage, including 100% financing of the renovation budget, while the 13-month interest-only term helped minimize carrying costs throughout the project.

The combination of speed, leverage, and flexible loan structure positioned the investor to execute the business plan efficiently.

The Outcome

The investor successfully acquired the property and secured the financing needed to complete an ambitious value-add renovation.

Beyond the financing itself, Lima One Capital’s familiarity with the project’s general contractor helped streamline the approval process and contributed to a smooth closing. The transaction demonstrated how an experienced lending partner can provide not only capital, but also the confidence and execution necessary to bring complex renovation projects to life.

Key Takeaways

• Speed can be a competitive advantage. Closing quickly allows investors to secure high-value opportunities in competitive markets.
• Comprehensive rehab financing preserves liquidity. Funding 100% of the renovation budget helps investors maintain working capital for future projects.
• Loan structure matters. Interest-only financing and high loan-to-cost leverage can improve project economics throughout the renovation.
• Strong lender relationships add value beyond capital. Experience reviewing contractors and understanding complex rehab projects can help transactions move efficiently from approval to closing.