San Diego, CA – TaliMar Financial is pleased to announce our most recent funding of a $240,500 Fix & Flip loan secured on a condominium in San Diego, CA. The Borrower intends to complete an interior renovation of the property before listing it for sale.
The biggest hurdle on this transaction was the Borrower was purchasing the property from a family member who needed to sell quickly, and the property had been severely neglected. The Borrower presented the opportunity to us as a fix and flip but had no track record of flipping a property. TaliMar got comfortable with the loan request after working with the Borrower to establish a project budget / scope of work and met with their contractor.
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.