Big Bear, CA– TaliMar Financial, a Big Bear Hard Money Lender, is pleased to announce our most recent funding of a $275,000 Hard Money Fix and Flip secured on a Single Family Home in Big Bear Lake, CA.
The client approached TaliMar Financial seeking financing for their acquisition. They had been denied by several other hard money lenders due to the location. However, TaliMar Financial has funded several other Fix and Flips in Big Bear and is comfortable with the market.
We funded 80% of the purchase price and 100% of the construction costs. The construction funds will be disbursed to the Borrower over the course of the renovations in five draws. We did not require an appraisal for the loan.
Using the right private money lender for your real estate investment transaction is important. When it comes to Fix and Flips or Fix and Holds, TaliMar Financial specializes in structuring aggressive lending options, often including 100% of the construction costs.
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!