San Diego, CA– TaliMar Financial is pleased to announce our most recent funding of a $735,000 Bridge Loan secured on a 4-Plex in San Diego, CA.
Our client reached out TaliMar Financial seeking bridge loan options to refinance an existing hard money loan that was maturing. They had recently completed a renovation on the property, which included building an accessory dwelling unit (ADU). They had attempted to refinance with conventional bank financing but the appraisal came back low because it didn’t consider the additional income of the ADU units.
The exit strategy is to refinance the loan with our 30 Year Rental Loan.
TaliMar Financial specializes in working with real estate investors that build out accessory dwelling units. We offer Fix and Hold loans that include funds for the renovation of a property and then have a 30 Year Rental Loan program that can refinance the loan with a low rate.
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) 242-4900 with your loan request or visit talimarfinancial.com to learn more about our hard money lending programs.
Up to 80% of Value
Purchase / Refinance
As Low as 3.875%
Interest Payments Available
Cash Out OK
Business Purpose Only
Up to 70% of Completion Value
12 – 24 months
Interest Only Payments
Single Family and Multi-Family
Business Purpose Only
The Preferred Borrower Account Program was designed for the real estate investor. The PBA Program offers real estate investors a secure source of capital for their real estate deals. By getting approved, investors will have access to a TaliMar Financial Letter of Credit, property specific Proof of Funds Letters, 5 Day Expedited closings, and our Wholesale Deal Marketplace.
The process of getting approved is simple. Apply today!