San Diego, CA– TaliMar Financial is pleased to announce our most recent funding of a $391,800 Fix & Flip loan secured on a single-family home in San Diego, CA. The client intends to complete a cosmetic update of the property before listing it for sale.
The biggest hurdle on this transaction was both the loan type and timing of the close. The Borrower required funds for both the purchase and renovation costs. TaliMar structured a loan that funded 70% of the completion value, which included a construction reserve for 100% of the renovation costs. The closing took less than 5 business days.
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.
Check out our hard money loan programs by clicking here.
Contact TaliMar today at (858) 613-0111 with your loan request or visit talimarfinancial.com to learn more about our hard money lending programs.