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Posted over 5 years ago

Recent Funding: $381,000 Fix & Flip Loan

San Diego, CATaliMar Financial is pleased to announce our most recent funding of a $381,000 hard money fix and flip loan secured in 1 position on a single-family home in San Diego, CA. Our borrower identified the “off market” opportunity and needed to close quickly. After contacting TaliMar Financial with the loan request, we structured and funded the loan in less than 5 business days.

The Borrower intends to complete a cosmetic renovation of the single-family home before listing it for sale.

The biggest hurdle on this transaction was the timing of the close. The borrower had less than 5 business days to close on the purchase because the seller was in contract to purchase another property. We communicated with the seller on behalf of our client to ensure them we would fund on time. After close, the seller actually thanked us for meeting their short deadline and to let us know they selected our clients offer because of our ability to fund so quickly.

About TaliMar Financial

TaliMar Financial is a California hard money lender that specializes in funding residential and commercial Fix and Flip, Construction, and Bridge loans. As a direct private money lender, we offer aggressive financing options and typically close our transactions in less than 7 business days. We work directly with real estate investors and property owners as well as real estate agents, mortgage brokers, and other real estate professionals.

Contact TaliMar today at (858) 613-0111 with your loan request or visit talimarfinancial.com to learn more about our hard money lending programs.



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