#USA #Scottsdale #LM2 Investment Group #Arizona Real Estate #Hard Money Lending

LM2 Investment Group Expands Loan Offerings in Arizona

In a recent announcement, LM2 Investment Group, a prominent player in the hard money lending sector, has expanded its range of loan offerings tailored for real estate investors operating in Arizona. The significant addition is underpinned by over $650 million in successfully facilitated loans and aims to cater to the diverse needs of its clientele.

Based in Scottsdale, Arizona, LM2 Investment Group has established a reputation as a trusted partner for real estate investors since its inception in 2009. The company's latest expansion includes specialized financing solutions designed to support various real estate ventures, emphasizing flexibility and speed in a competitive market.

New Loan Offerings

The newly introduced loan products include:

• - Cosmetic Rehab Funding: Covering up to 95% of Loan-to-Cost (LTC).
• - Structural Rehab Loans: Offering up to 85% LTC and 75% of After-Repair Value (ARV).
• - Debt Service Coverage Ratio (DSCR) Loans: Tailored for various investment strategies.
• - Second Position Home Equity Line of Credit (HELOC): Specifically for investor-owned properties.

These offerings are designed to complement LM2's primary hard money loans, which are already known for their rapid turnaround times, providing funds in as little as 24 to 48 hours.

Commitment to Investors

Mike Corgiat, the Director and Co-Founder of LM2 Investment Group, expressed pride in the firm's latest offerings. "As a boutique lender, we prioritize flexibility and exceptional service, ensuring our clients have access to the capital they need promptly. Partnering with Mike Swerlyk, Jr., I am excited to support Arizona investors with our enhanced selection of funding options, whether for cosmetic flips, major structural renovations, or building rental portfolios."

The company has become synonymous with reliability and quick decision-making, focusing on asset-based lending for non-owner-occupied properties throughout the Phoenix metropolitan area and surrounding cities including Scottsdale, Mesa, Chandler, Gilbert, and Tempe.

Proven Track Record

With a loan portfolio exceeding 3,500 transactions over its 15 years of operation, LM2 Investment Group boasts a proven track record in delivering private lending solutions. The co-founders, collectively referred to as 'The Two Mikes', bring forth a combined experience of more than 50 years in the lending sector, a testament to their expertise and dedication to real estate investing.

Their borrower-first approach distinctly sets LM2 apart from larger lending institutions, allowing for personalized underwriting that meets the unique needs of each investor.

Conclusion

LM2 Investment Group’s recent expansion of its loan products showcases a commitment to understanding and addressing the evolving landscape of real estate investment in Arizona. As the real estate market continues to grow, LM2 stands ready to provide Arizona investors with essential resources to realize their project ambitions efficiently and effectively.