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Hard Money Lender Lima One Capital Announces Three New Hires

Hard Money Lender Lima One Capital Expands and Announces Three New Hires.

Lima One Capital is proud to announce the hiring of Shelley Brown to the position of Operations Analyst, Chris Wilhoit to the position of Operations Analyst, and Bradley Kittel to the position of Loan Servicing Analyst.  Lima One Capital is a hard money lender headquartered in Greenville, South Carolina that provides financing for real estate investors looking to purchase and renovate investment properties.

New Hire Photo

“We are very excited for Chris, Shelley, and Brad to join the Lima One Capital team,” states CEO and Founder John Warren.  “Their skill set and enthusiasm is an invaluable asset to our growing company as we continue to revolutionize the hard money industry.  ”

“I look forward to working for a company that provides such a tremendous service to real estate investors,” states Chris Wilhoit.  “I feel I can speak for both Shelley and Bradley when I say we all are very excited to join the company during a time of rapid growth and expansion.  The future is bright here at Lima One Capital.”

Shelley Brown is from Greenville and recently moved back after living in Charleston, South Carolina for the past five years.  She graduated from College of Charleston in 2011 with a degree in Business Administration and a concentration in Marketing.  In her free time, Shelley enjoys any and all outdoor activities and visiting new cities.

Chris Wilhoit graduated from Clemson University in May 2013 with a degree in English Literature and a minor in Economics.  While at Clemson, Chris was a member of Lambda Chi Alpha fraternity and enjoyed volunteering at Helping Hands shelter for abused and neglected children.  In his free time, Chris likes to attend concerts and sporting events, backpacking in the mountains of North Carolina, and travel.

Bradley Kittel graduated from Clemson University in August, 2013.  He holds a Bachelors degree in Finance with a minor in Accounting.  He has lived in Greenville for most of his life.  In his spare time he enjoys playing sports, socializing, and homebrewing.

Lima One Capital, LLC:
Lima One Capital is a hard money lending company in Atlanta, GA, Greenville, SC, and Charlotte, NC.  The company specializes in providing first mortgage loans to real estate investors for the purchase and renovation of residential investment homes. Lima One Capital offers loan lengths of 13 months, 5 years and 6 years.  A typical loan is closed within seven days, providing clients with the ability to capitalize on unique opportunities in the real estate market, immediately.  Lima One Capital is revolutionizing the industry standard for residential real estate investment lending.

For more information on Lima One Capital, LLC, visit www.limaonecapital.com or call 404-908-0080.

Hard money lending Company Lima One Capital.com releases new analysis of Charlotte real estate market trends

Hard Money Report

Housing market improves. Hard money lender see less houses under water.


Lima One Capital releases analysis of Charlotte real estate market trends 

CHARLOTTE, NC – Charlotte Hard Money Lender Lima One Capital releases their analysis of current Charlotte market trends.  Charlotte hard money lending company Lima One Capital observes the increase in home sale prices and the decrease in homeowners with underwater mortgages as positive signs of economic recovery in the region.  The combination of decreasing home inventory and increasing mortgage rates has lead to the increase in home prices in the Charlotte market.  The steady decrease in underwater mortgages is positive for the Charlotte market as a whole and may lead to inventory increases within the next year.  The ability of previously underwater borrowers to put their properties on the market will help to counteract decreasing inventory levels in Charlotte.  The decrease in underwater borrowers coupled with the increase in mortgage rates has led to a steady increase in home sale prices and provides another step towards Charlotte real estate market stability.

 

According to RealtyTrac findings reported by the Charlotte Observer, seriously underwater homeowners decreased from 23% to 17% between August 2012 and August 2013[1].  As homeowners begin to get into better positions to sell their property, they are emerging into a real estate market conditioned for sellers.  According to RealtyTrac, home sales increased 6% since August of 2012 and home prices have increased 1% since last month, a steady month-over-month gain that has been consistent throughout the year.  These trends have coupled with the continued decrease in available inventory to increase the value of the limited supply currently available on the market.  The reality of rising mortgage rates is only helping to drive the increase in home sale prices.  Mortgage rates increased over 1% to 4.57% in the past 6 months, spurring many homeowners to try and find a property before another increase occurs[2].

 

“Charlotte was spared from some of the worst effects of the housing market downturn but they were by no means left untouched,” says founder and President of Lima One Capital John Warren. “We knew Charlotte was a market on the rise, and these trends only help to support that belief.  Charlotte will continue to be a great city in which to live, to work, and to invest.”

 

Lima One Capital believes the increase in inventory that will likely arise from homeowners continuing to gain equity in their properties will help further the stabilization of the Charlotte housing market.  Initial worries surrounding consumer reaction to rising mortgage rates look to now be incorrect.  A 1% increase in mortgage rates over four months has not caused a run on existing inventory or a freeze on home sales.  Instead there has been a steady increase in activity that has begun to lift the market as a whole.  Lima One Capital finds the decrease in underwater mortgages and the increase home sale prices as a sign of continued stability in the Charlotte real estate market.

Lima One Capital, LLC:

Lima One Capital is a hard money lending company in Atlanta, GA, Greenville, SC, and Charlotte, NC The company specializes in providing first mortgage loans to real estate investors for the purchase and renovation of residential investment homes. Lima One Capital offers loan lengths of 13 months, 5 years and 6 years.  A typical loan is closed within seven days, providing clients with the ability to capitalize on unique opportunities in the real estate market, immediately.  Lima One Capital is revolutionizing the industry standard for residential real estate investment lending.

For more information on Lima One Capital, LLC, visit www.limaonecapital.com or call 404-908-0080.

Hard Money Lending Company Lima One Capital is expanding with an Assistant Director of Operations and a new Office Manager

Hard Money Lending Company Lima One Capital Announces Hiring of Assistant Director of Operations and Office Manager

GREENVILLE, SC – Hard Money Lenders Lima One Capital is happy to announce the hiring of Rankin Blair to the position of Assistant Director of Operations and Katie Richardson to the position of Office Manager.  Lima One Capital is an Atlanta Hard Money Lender and Charlotte Hard Money Lender providing loans for real estate investors looking to purchase and renovate investment properties.

“We are excited for both Rankin and Katie to join the Lima One Capital team.  Their principles and the dedication they bring to the workplace are valuable assets.  They are an important part of Lima One Capital’s ongoing mission to revolutionize the hard money industry,” states President and Founder John Warren.

“I look forward to helping to continue the tremendous efforts Lima One Capital has shown in the real estate industry,” states Rankin.  “I am committed to the principles this company stands for and will continue to provide to our clients the industry standard for customer service.”

Katie expands on this by adding; “I am excited to join a company that has worked hard to redefine an industry.  The future is bright here at Lima One Capital.”

Rankin graduated from Clemson University in 2010.  Following graduation he joined the United States Army Reserve.  He was commissioned as a Second Lieutenant after graduating with honors from Officer Candidate School.  He is currently serving as the Battalion Communications officer with the 391st Engineer Battalion.  Upon graduation Rankin also began working at ScanSource, Inc. as an Account Analyst.  He was responsible for managing a $5 Million portfolio of receivables while proactively finding the best financing solutions to expand his customer’s purchasing power.  He also worked as the Operations Specialist at ScanSource, Inc. helping to drive efficiencies by developing new reports and helping to design and implement new systems.

Rankin currently lives in Greenville, SC.  In his free time, he likes to snowboard and spend time outdoors.

Katie Richardson graduated from Clemson University with a degree in Sociology in May 2013.  While at Clemson, she was a member of the Delta Zeta sorority.  She currently lives in Greenville, SC and enjoys reading and clay shooting in her free time.

Lima One Capital, LLC:

Lima One Capital is a hard money lending company in Atlanta, GA, Greenville, SC, and Charlotte, NC.  The company specializes in providing first mortgage loans to real estate investors for the purchase and renovation of residential investment homes. Lima One Capital offers loan lengths of 13 months, 5 years and 6 years.  A typical loan is closed within seven days, providing clients with the ability to capitalize on unique opportunities in the real estate market, immediately.  Lima One Capital is revolutionizing the industry standard for residential real estate investment lending.

For more information on Hard Money Lending Company Lima One Capital, LLC, visit www.limaonecapital.com or call 404-908-0080.

 

Hard Money Lender Lima One Capital Expands Transactional Funding Program Nationally

Lima One Capital’s Transactional Funding program is expanding throughout the United States.  “We have had great success in quickly providing real estate investors in Georgia, North Carolina, and South Carolina the capital they need to wholesale properties to other investors,” says John Warren, CEO and founder of hard money lender Lima One Capital.

Transactional Funding

“We feel now is the perfect time to take Lima One’s Transactional Funding program national.  It is the perfect compliment to our current package of hard money loan programs.”  Lima One Capital launched their initial Transactional Funding program in December of last year with immediate success.

Transactional Funding is designed for wholesalers who are looking for a capital resource to facilitate a double closing.  This is a simple A to B and B to C transaction. In that scenario, A owns a home, B is our client, the wholesaler looking to acquire the home, and C is the end buyer acquiring the property from the wholesaler.  Both the A to B and B to C sides of the transaction take place simultaneously.  Lima One Capital provides all of the funding for the A to B interactions between the homeowner and the wholesaler.
Transactional Funding – Hard Money Loans

 

“We are proud to set a new industry standard for Transactional Funding,” exclaims Warren.  “No other company offers such low rates and straightforward terms for Transactional Funding.  We’re excited to offer this program in all 50 states.” As with all of its hard money loans, Lima One Capital offers simple and straightforward terms and rates.  The company will charge an origination fee of 1.75% with a $1,500 minimum, without any junk fees.  Lima One Capital will officially launch its Transactional Funding program nationally on April 19th.

Lima One Capital, LLC:

Lima One Capital is a hard money lending company in Atlanta, GA, Greenville, SC, and Charlotte, NC.  The company specializes in providing first mortgage loans to real estate investors for the purchase and renovation of residential investment homes. Lima One Capital offers loan lengths of 13 months, 5 years and 6 years.  A typical loan is closed within seven days, providing clients with the ability to capitalize on unique opportunities in the real estate market, immediately.  Lima One Capital is revolutionizing the industry standard for residential real estate investment lending.

For more information on Lima One Capital, LLC, visit www.limaonecapital.com or call 404-908-0080.

Hard Money Lender Expands Loan Program in South Carolina and North Carolina

Lima One Capital Hard Money Lender Now Expands Their Loan Programs in South Carolina and North Carolina

 

Hard Money Lender Lima One Capital, LLC has announced its expansion into Greensboro and Winston-Salem, North Carolina and Columbia, South Carolina. Beginning March 1st, Lima One Capital will begin offering their extensive loan programs tailored towards real estate investors in these three cities. The Greenville based Hard Money Company is the largest lender in Atlanta and is rapidly becoming the largest in Charlotte, North Carolina.

CEO and Founder, John Warren is excited to provide hard money loans to real estate investors in the North Carolina TRIAD region, as well as Columbia.

“We have had great demand from our existing clients and potential clients to begin serving these areas,” explains Warren.  “There definitely is a need for a fully capitalized, straightforward hard money lender in these cities.”

This expansion is yet another step in Lima One Capital’s rapid growth throughout the East Coast.  The company’s mission is to become the nation’s largest and most respected hard money lender for residential real estate investors.

Lima One Capital specializes in providing short terms loans for investors looking to “flip” a property and a 5-year loan package for those looking to purchase, rehab, and maintain a rental property. With Lima One Capital, the company’s clients are able to achieve a very high return on investment and leverage their assets into multiple deals. Lima One Capital also has the lowest rates in the country for Transactional Funding.  Transactional funding often times is necessary when wholesalers flip a property to a buyer, through the use of a double closing.

“As we expand across the country, we will continue to set the industry standards for the hard money lending industry,” states Warren.  As with all of our current markets, Greensboro, Winston-Salem, and Columbia can expect straightforward rates, absolutely no hidden or junk fees, and unparalleled customer service.”

Transactional Funding Program launched by Hard Money Lending Company Lima One Capital

Hard Money Lending Company Lima One Capital Announces Launch of Transactional Funding Program for Residential Real Estate Investors

Atlanta hard money lender and Charlotte hard money lender, Lima One Capital, LLC has announced the launch of its transactional funding program for residential real estate investors.

In addition to its industry leading loan products, Lima One Capital now will provide transactional funding for real estate wholesalers looking to flip a property to a fellow real estate investors through a double closing.

“We are excited to now provide transactional funding to the many residential real estate wholesalers and investors who are providing an invaluable service to their clients who are searching for quality investment properties,” says CEO John Warren. “Our transactional funding program will help compliment our other short and long-term loan programs for residential real estate investors.”

Real estate investors and wholesalers utilizing Lima One Capital’s transactional funding will find the lowest priced and straightforward cost associated with the loan. The company simply will charge an origination fee of 1.75% with a $1,500 minimum. As with all of its loan programs, Lima One Capital prides itself on no junk fees or hidden costs.

“Our expansion into transactional funding is our company’s latest step to redefining the industry standard for hard money lenders,” says Warren. “We truly are revolutionizing the hard money lending industry that is known for taking advantage of real estate investors, rather than trying to serve them in an honorable and professional manner.”

Initially, Lima One Capital’s transactional funding will be available throughout Georgia, South Carolina, and North Carolina. The company plans on providing the transactional funding program throughout the U.S. within the next two months.

Transactional funding is a short-term loan utilized by wholesalers to finance the purchase of a real estate property and immediately sell it to another real estate investor through the use of a double closing. Usually, the wholesaler bids on the investment property, gets it under contract, and puts a small amount of capital down. The wholesaler then lines up a different real estate investor who is seeking to purchase an investment property. At the double closing, the wholesaler utilizes transactional funding to purchase the property and then immediately sells it for a profit to the investor. The entire transaction usually takes place within an hour or two.

In addition to transactional funding, Lima One Capital continues to offer short-term loans to real estate investors looking to flip a property and longer-term loans for investors looking to own a rental property.

Lima One Capital, LLC:
Lima One Capital is a hard money lending company in Atlanta, GA, Greenville, SC, and Charlotte, NC. The company specializes in providing first mortgage loans to real estate investors for the purchase and renovation of residential investment homes. Lima One Capital offers loan lengths of 13 months, 5 years and 6 years. A typical loan is closed within seven days, providing clients with the ability to capitalize on unique opportunities in the real estate market, immediately. Lima One Capital is revolutionizing the industry standard for residential real estate investment lending.

For more information on Lima One Capital, LLC, visit http://www.limaonecapital.com or call 404-908-0080.

Hard Money Lender Lima One Capital, LLC Names Justin Thompson as its Marketing Director

ATLANTA, 11/26/2012  – Hard Money Lender Lima One Capital, LLC is please to announce the hiring of Justin Thompson for the position of marketing director.  “We are pleased that Justin has accepted our offer,” states John Warren, CEO of Lima One Capital.  “Justin has the skills, abilities, and values to reach our clients and convey to them how Lima One Capital is revolutionizing real estate investing.”

Justin graduated from the University of Mary Washington May of 2012 with a degree in Political Science. As a student, he served as President of his campus programming board, organizing and managing multiple large concerts during his time there. After graduation, he took a job as the Marketing Assistant at I.M.P. Productions in Washington, D.C., working on key promotional efforts for some of the biggest live concerts in the region.

“I am excited to be a part of Lima One Capital because I realize the value they bring to their clients,” Justin says.  “I look forward to helping the company relay its message and values to potential clients throughout the country and how we are different than other Atlanta hard money lenders and Charlotte hard money lenders.”

Justin lives in Greenville, SC. In his free time he enjoys going to concerts and catching a baseball game.

Lima One Capital, LLC:

Lima One Capital is a hard money lending company in Atlanta, GA, Greenville, SC, and Charlotte, NC.  The company specializes in providing first mortgage loans to real estate investors for the purchase and renovation of residential investment homes. Lima One Capital offers loan lengths of 13 months, 5 years and 6 years.  A typical loan is closed within seven days, providing clients with the ability to capitalize on unique opportunities in the real estate market, immediately.  Lima One Capital is revolutionizing the industry standard for residential real estate investment lending.

For more information on Lima One Capital, LLC, visit www.limaonecapital.com or call 404-908-0080.

Hard Money Lender Lima One Capital, LLC Announces Expansion Launch Date into Charlotte Hard Money Lending Market

ATLANTA  – Atlanta hard money lender, Lima One Capital, LLC has announced its launch date into the Charlotte, NC, real estate market.  The company will begin to originate loans in the Charlotte area on November 15, 2012.  Lima One Capital is a specialty lender for residential real estate investors who are seeking capital to purchase and renovate investment properties.  Founded in 2010, Lima One Capital, LLC quickly has become the largest lender for real estate investors in Atlanta.

“We are excited to serve real estate investors in the Charlotte area,” states John Warren, CEO of Lima One Capital.  “Our analysis reveals a great demand for a fully capitalized Charlotte hard money lender.  We will provide Charlotte real estate investors with the most competitive and transparent rates, longest terms, and fastest closings in the business.”

Lima One Capital offers a short-term loan for investors who are “flipping” the property and a longer-term loan for investors seeking rental income from their investment.  The company’s clients in Atlanta have seen their return on investment (ROI) for flipping properties anywhere from 90%-191% in 2012.

Lima One Capital will open a full-time office in Charlotte and have business development professionals assigned to the city.  Charlotte will act as the company’s initial launch into the North Carolina market, with future offices in Wilmington and Raleigh-Durham already planned.  Lima One Capital plans to expand throughout the East cost in 2013.

“We have revolutionized the hard money lending industry in Atlanta and we plan to continue that in the Charlotte hard money lending industry,” explains Warren.  “This industry traditionally has been filled with one or two-man companies that are not fully capitalized, who have charged hidden fees and junk fees.  Now, real estate investors have Lima One Capital as a great alternative.”

Lima One Capital, LLC:

Lima One Capital is a hard money lending company in Atlanta, GA and Greenville, SC specializing in providing first mortgage loans to real estate investors for the purchase and renovation of residential investment homes.  Lima One Capital is transforming the hard money lending industry with its highly competitive and straightforward rates, the length of its loans, and its unmatched customer service.  The company offers several loan lengths and can typically close within seven days, providing clients with the ability to capitalize on unique opportunities in the real estate market, immediately.  Lima One Capital is revolutionizing the industry standard for residential real estate investment lending.

For more information on Lima One Capital, LLC, visit www.limaonecapital.com or call 404-908-0080.

 

 

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Hard Money Lending Company Lima One, Testimonial by Anthony Michael

Anthony Michael: My overall impression. Well, first of all, I love the fact that Lima One Capital, how efficient you all are.

I’ve worked with many lenders over the years. I’ve been in this business over ten years, and oftentimes lenders are either inefficient or they don’t follow through in what they say they’re going to do. My experience with Lima One Capital is they do what they say.

Well, of course, as an investor it’s all about being able to first find a deal and evaluate quickly what makes sense. With Lima One Capital because there are no junk fees because there are simply the points and the terms and the interest rate, that makes it easier for me, of course, when I’m evaluating. I know I’m buying the house for this much, and ultimately I’m paying this much for my financing it, and I can do that quickly.

As far as Lima One Capital’s ability to close, as I mentioned earlier, they do what they say they’re going to do, and my experience has been that many lenders talk about closing in a week, but Lima One Capital has been the only lender I’ve experienced that with in this new market. Well, your system is straight and to the point. We submit for the draws, and within 24 hours we receive our cash, which we need to continue the job. So it’s a very efficient system. It’s very important for me to continue my jobs so I can finish the houses on time and sell them within 3 to 4 months, which is always my goal.

I would highly recommend Lima One Capital to other real estate investors because one, in this market, deals are few and far between. Yes, there are many foreclosures, but you have to filter through many foreclosures to find a great deal. Once you find it, you’ve got to be able to move quickly. Lima One Capital, they get it done, they get it done quickly. Again, I’ve yet to experience another lender say they’re going to do it in a week and do it, which Lima One Capital did.