Ground-Up Construction Loan for 4 Units (SFR, ADU, and Duplex) in South Lake Tahoe, CA

Funded by Lima One Capital


Deal Details

Private Loan Type

Residential Ground-Up Construction

Approx. Funding Date


Property Type
2-4 Units Residential
Property City

South Lake Tahoe

Property State


Loan Term (months)


Lien Type

1st Mortgage

Payment Type

Interest Only

Property Value


Construction Budget


Completed Value


Loan-to-Completed Value


Construction Project Scope


Number of Units


Borrower's Plan

Build and Sell

Exit Strategy


Deal Highlights

Portfolio loan covering 4 units on two lots
No interest on undrawn construction funds

Deal Summary

Lima One funded a a construction loan for four-unit project in South Lake Tahoe, California. The build, taking place over two lots, includes one single-family rental, one ADU, and one duplex. Lima One funded the construction of all four units in one loan at 70% LTV leverage.

Funded By

Lima One Capital

The Nation's Premier Lender for Real Estate Investors