San Diego, CA– TaliMar Financial, a Bonita Hard Money Lender, is pleased to announce our most recent funding of a $317,000 Hard Money Bridge Loan secured on a single-family home in Bonita, CA. The Private Money Bridge Loan had a term of 12 months.
The Borrower had first approached TaliMar Financial for a Hard Money Proof of Funds letter to submit with their offer. TaliMar Financial issued the Private Money Proof of Funds Letter to the Borrower and their offer was subsequently accepted.
The Borrower will spend the term of the loan to approve plans to renovate the existing single-family home. Once completed they intend to hold the property as a vacation rental using Airbnb, VRBO, or another vacation rental platform.
Obtaining a Proof of Funds Letter or Letter of Credit from a Hard Money Lender or Private Money Lender is a good option when submitting an offer. It shows the listing agent that you are pre-approved to purchase the property and that you are ready to close quickly.
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) 613-0111 with your loan request or visit talimarfinancial.com to learn more about our hard money lending programs.