San Diego, CA – TaliMar Financial is pleased to announce our most recent funding of a $140,000 hard money bridge loan secured on a single-family home in Santee, CA. Our client identified an opportunity to purchase an off-market single-family home from a family that was dealing with a non-paying tenant. Instead of managing through a lengthy eviction process, the seller agreed to sell the property at a discount to our borrower.
The biggest hurdle on this transaction was the tenant issue. TaliMar Financial was able to get comfortable with the transaction because our Borrower acquired the property significantly under the market and funded over 50% of the purchase price.
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.