Turning Speed Into Profit on a Luxury Maryland Fix & Flip

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.

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%

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.