When Bank Lending Limits Stall Growth: How a Texas Builder Refinanced 19 Rental Homes

By Hunter Payseur, Loan Officer at Lima One CapitalJuly 7, 20262 min read

Hunter Payseur | Loan Officer at Lima One Capital

A Texas real estate builder needed to refinance 19 newly constructed homes to transition them into a long-term Build-to-Rent portfolio. After reaching his bank’s lending limits, he needed an alternative financing solution that would allow him to preserve cash flow, maintain equity, and continue growing his business. Lima One Capital structured a $4.173 million DSCR portfolio loan that helped the investor move forward while discovering the advantages of private lending.

Property Type: Build-to-Rent Development

Location: Lubbock, Texas

About the author

Hunter Payseur

Loan Officer at Lima One Capital

Since its inception in 2010, Lima One Capital has been recognized as the nation’s premier lender for real estate investors and has funded over $10 billion in business purpose real estate loans. With a reach across 46 states, Lima One operates as a capital partner for both real estate investors and brokers by financing residential investment strategies including fix and flips, rental, and new construction. In 2021, Lima One was acquired by real estate investment trust MFA Financial, Inc. (NYSE:MFA), ensuring a consistent source of capital and further cementing Lima One as one of the most dependable private lenders in the United States.