Recent Funding: $434,600 Hard Money Fix & Flip Loan in San Diego, CA
San Diego, CA– TaliMar Financial is pleased to announce our most recent funding of a $434,600 Hard Money Fix and Flip loan secured on a single-family home in San Diego, CA. Our Borrower will complete a cosmetic update of the property before listing it for sale.
The Borrower intends to complete a full renovation of the property which includes modifying the floor plan to allow for a more spacious living area, replacing the kitchen and bathrooms, installing new flooring, and painting the interior and exterior. The exterior landscaping will be updated.
Our Fix and Flip hard money loan funded the purchase and 100% of the renovation costs. The renovation funds will be disbursed to the Borrower in five draws based upon a predetermined draw schedule.
The Borrower purchased the property from a wholesaler. The most difficult aspect of the closing was an existing tenant that was required to vacate the property prior to close. Once the tenant vacated, our client had 24 hours to close on the property.
About TaliMar Financial
TaliMar Financial is a San Diego 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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