San Diego, CA– TaliMar Financial is pleased to announce our most recent funding of a $1,110,000 Fix and Hold loan secured on Multi-Family home in San Diego, CA. The Borrower will complete a cosmetic update before listing the property for rent.
The client was referred to us by a 1031 Exchange provider after their original lender was unable to fund the loan due to the condition of the property. Because TaliMar Financial specializes in funding residential and multi-family properties that are in poor condition, we quickly provided the client with several options which included 100% of the renovation costs.
The biggest hurdle on this transaction was that the client needed to fund quickly. As a DIRECT LENDER, TaliMar Financial can quickly structure and fund hard money loan requests. One of the tools we offer our investor clients is the Preferred Borrower Account program which offers expedited closings.
Learn more by clicking the following link -> https://www.talimarfinancial.com/preferred-borrower-account-program/
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!