Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Posted over 6 years ago

Recent Funding: $525,000 Fix & Flip Loan

Normal 1578613169 6375 Lake Lucerne   Fb

I would like to highlight a recent transaction funded by TaliMar Financial in San Diego, CA. The loan amount was $525,000 and secured in 1st position on a single family home. The Borrower intends to rehab the property and once completed, list the property for sale. 

The borrower originally brought the project to us in mid-2019 after he connected with the seller who was planning to move out of state. The property was in poor condition and the seller wasn't in a position to rehab the property. Our borrower offered to purchase the property using a Proof of Funds letter by TaliMar. Over the course of the year, our borrower continued to follow up with the seller until the seller agreed to the offer and closed.

It was a win-win for all parties and we are excited to have funded another successful loan.

About TaliMar Financial

TaliMar Financial is a hard money lender based in San Diego, CA. We specialize in funding residential and commercial private money loans for fix and flips, construction, and bridge loans. Contact us today at (858) 613-0111 with your hard money loan request or visit talimarfinancial.com.



Comments