DSCR Refinance for SFR Rental Portfolio in Las Vegas, Nevada

Funded by Lima One Capital


Deal Details

Private Loan Type

Residential Long-Term Rental

Approx. Funding Date


Property Type
Single Family Residence
Property City

Las Vegas

Property State


Loan Term (months)


Lien Type

1st Mortgage

Payment Type

Interest Only

Property Value





5 years

Rate Type


Location Type


Occupancy at Closing


Borrower's Plan

Continue Rental

Deal Highlights

5 year interest only loan with 25 year amortization.

Deal Summary

Lima One Capital, a lender for residential real estate investors, funded a $1,330,000 DSCR long-term rental loan in 1st lien position secured by a portfolio of residential investment properties in Las Vegas, NV. The investor needed to refinance a portfolio of six single-family rentals but they found themselves caught by the rapidly increasing rate environment of 2022. They needed a solution that provided security against rising rates while also offering enough leverage for them to get equity out of their portfolio to be able to scale their business. The value of all 6 properties was estimated to be $2,240,000 so our loan-to-value was 60%. The investor had a menu of options and selected a 5-year interest-only loan with a 25-year amortization. This gives the investor the lowest possible monthly payment while rates are high, allowing them to wait out the high rates while getting equity now. The subject property was tenant-occupied at closing. The Borrower plans to continue leasing the property long-term. This SFR long-term rental loan was funded in October 2022.

Funded By

Lima One Capital

The Nation's Premier Lender for Real Estate Investors