El Cajon, CA– TaliMar Financial, an El Cajon Hard Money Lender, is pleased to announce our most recent funding of a $436,500 Hard Money Fix and Flip Loan secured on a single family home in El Cajon, CA. The Borrower intends to complete a cosmetic update of the property before listing it for sale.
The biggest hurdle on this transaction was the property was being purchased through a Probate Sale. The family was not communicating with one another and so the closing date had been delayed several times. We patiently worked with the Borrower and his Buyer Agent until the sale was approved. TaliMar Financial is the preferred Hard Money Lender for Probate Sales.
TaliMar Financial underwrote the loan to the After Completion Value and included 100% of the renovation costs. The renovation costs will be disbursed to the Borrower over the course of the renovation. As a Direct Private Money Lender, we often structure our hard money loans around the requirements of the Borrower.
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.