San Diego, CA – TaliMar Financial, a San Diego Hard Money Lender, is pleased to announce our most recent funding of a $420,000 Fix and Flip Loan secured on a single-family home in San Diego, CA. The client will complete a cosmetic renovation of the property before listing it for sale.
TaliMar Financial remains busy funding traditional hard money fix and flip loans. In this loan scenario, our client had requested a Proof of Funds Letter to submit with their offer. The listing agent had used TaliMar Financial to close on another property, and knowing how quickly we could fund, chose our client’s offer.
The Hard Money Fix and Flip Loan were structured to fund 70% of completion value which included 100% of renovation costs. The funds will be disbursed to the Borrower over the course of five pre-determined draws. The hard money renovation draws are typically released within 24 hours of receipt.
Our San Diego Hard Money Loan was a win-win-win for the seller who wanted to close quickly, our client who purchased another property, and the listing and selling agents who closed on the sale fast!
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.