Recent Funding: $320,000 Cash Out Refinance Bridge Loan
San Diego, CA– TaliMar Financial is pleased to announce our most recent funding of a $320,000 cash out refinance bridge loan secured on a Single Family Home in Escondido, CA.
The Borrower had purchased the property in an "all-cash" 1031 exchange and had held it as a rental. They were looking to expand their rental property portfolio but they were unable to obtain conventional financing because of the structure of the entity holding title to the property.
The biggest hurdle on this transaction was the timing and the entity structure. TaliMar Financial worked closely with the borrower to obtain the diligence material, approved the loan request, and fund the loan within 5
days of the initial request.
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.
Check out our hard money loan programs by clicking here.
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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