San Diego, CA – TaliMar Financial is pleased to announce our most recent funding of a $1,078,000 Fix & Flip loan secured on a non owner occupied townhome in Rancho Santa Fe, CA. Our client was purchasing the property in mid-renovation from a seller who didn’t have the funds to complete the project. Due to the condition of the property, our client was unable to obtain conventional financing. Once the renovations are complete, our client will list the property for sale.
The biggest hurdle on this transaction was the condition of the property. The property had no flooring, the drywall had been removed throughout most of the house, and the kitchen had been partially demolished. We worked closely with our client to formulate a project budget and scope of work based upon their vision. We cannot wait to see the finished product!!!
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.