San Diego, CA – TaliMar Financial is pleased to announce our most recent funding of a $150,000 Bridge loan secured on a single family home in San Diego, CA. The funds were used to payout a family member from a rental property.
The biggest hurdle on this transaction was that the Borrower was property rich but cash flow poor. Our loan included a payment reserve account that would fund the Borrower’s payments for 12 months. Once the Borrower can improve their cash flow, they will refinance our loan with long term conventional financing.
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.