La Mesa, CA– TaliMar Financial, a La Mesa Hard Money Lender, is pleased to announce our most recent funding of a $730,000 Hard Money Bridge Loan secured on a Single Family Home in La Mesa, CA. The Borrower purchased the property as a Single-Family Rental and will hold for Rental Property Cash Flow.
Our Borrower had reached out to TaliMar Financial regarding our Preferred Borrower Membership Program. Once approved, the Borrower used our Property Specific Proof of Funds Letter to submit with the offer. The listing agent had worked with TaliMar Financial on another transaction in the past and felt confident about our ability to close quickly. The offer was accepted and we closed on the purchase in 7 business days.
The Borrower’s long-term strategy is to update the property and lease as a Short Term Rental. Short Term Rentals are a popular investment option in San Diego due to the lack of affordable hotel options for families. As a Short Term Rental Hard Money Lender, we specialize in providing options to investors to purchase, renovate, and hold this property type.
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.