Lima One Capital for West Virginia investors
Lima One Capital is one of the deepest non-QM lenders in the country with a full product suite spanning fix-and-flip, BRRRR, rental, and new construction. Minimum DSCR is 1.00 (1.20 for best pricing). Particularly strong on the rental refi exit, which makes them a one-stop shop for BRRRR strategies.
West Virginia context
West Virginia deep cash flow market. Low entry prices.
How Lima One Capital positions in West Virginia
Within West Virginia, Lima One Capital competes alongside other DSCR lenders. Lima One Capital strengths: broad product suite, long track record. The high aggregate DSCR economics of West Virginia create demand for Lima One Capital programs in Charleston and Morgantown particularly.
City-level coverage in West Virginia
Lima One Capital provides DSCR coverage across West Virginia metros including Charleston, Morgantown, and Huntington. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Lima One Capital program terms apply uniformly across West Virginia metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, rental, new-construction, multi-family, bridge |
| Loan size | $75K - $2.5M |
| Rates | 7%-12% |
| Points | 1 - 3 |
| Max LTV | 80% of ARV |
| Term lengths | 6-24 months (hard money) / 30-year (rental) |
| Typical close time | 10-21 days typical |
| West Virginia property tax | 0.6% |
| West Virginia state income tax | 5.12% |
Lima One Capital strengths in West Virginia
- broad product suite
- long track record
- strong on multi-family
- BRRRR-friendly with rental refi exit
Ideal borrower: Investor wanting a single lender across hard money + DSCR rental exit
FAQ
Yes, operates nationally including West Virginia. Lima One Capital is based in Greenville, SC and operates nationally.
Charleston is the top investor market in West Virginia and falls within Lima One Capital national coverage. Charleston property tax follows the West Virginia state rate of 0.6 percent. Lima One Capital typically underwrites Charleston acquisitions at standard rate sheets.
Yes. Morgantown ranks among the larger West Virginia investor metros and sees consistent DSCR loan volume from Lima One Capital. Submarket variation within Morgantown matters for property selection.
Lima One Capital applies the same rate sheet across West Virginia metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Charleston, Morgantown, and Huntington all qualify for the same Lima One Capital program.
Lima One Capital indicative DSCR rate range is 7 to 12 percent with 1 to 3 points.
West Virginia deep cash flow market. Low entry prices. Lima One Capital follows standard business-purpose loan structures.
Lima One Capital funds fix-and-flip, BRRRR, rental, new-construction, multi-family, bridge in West Virginia.
West Virginia allows standard DSCR prepay structures; Lima One Capital typically uses 3-5 year step down.
Lima One Capital typical close: 10-21 days typical.
Bottom line
West Virginia investors considering Lima One Capital should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Lima One Capital.