Recent Funding: $365,050 Los Angeles Fix & Flip Loan
San Diego, CA– TaliMar Financial is pleased to announce our most recent funding of a $365,050 Fix & Flip Loan secured on a single-family home in San Diego, CA.
The fix and flip loan included funds for the purchase and renovation of the property. The renovations funds will be wired to the Borrower once they complete specific hurdles. In most cases, our disbursements occur within 24 hours of being requested and approved.
The Borrower first approached TaliMar Financial requesting a Proof of Funds letter for their offer. Because the property was being offered by a wholesaler, our client had only 5 business days to close. The Borrower has a Preferred Borrower Account with TaliMar Financial and therefore we were able to expedite the closing.
The biggest hurdle on this transaction was the short closing timeframe. Because the Borrower had already been preapproved by TaliMar Financial through our Pre-Approved Borrower Program, we were able to expedite the closing.
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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