San Diego, CA– TaliMar Financial is pleased to announce our most recent funding of a $1,190,000 30 Year Rental Loan secured on a Triplex leased as a Vacation Rental.
Our client was seeking a low rate, long term rental loan to refinance an existing high, rate hard money loan. The client had used the hard money loan to purchase and renovate the property. They had recently completed the renovations and leased the property to a vacation rental company on a 12 month lease. Based upon the steady income from the lease, we refinanced our client into a 30 Year Interest Only Loan which included cash out at 4%.
Finding the right lender for a Vacation Rental loan can be difficult. However, because TaliMar Financial specializes in funding investment property loans, we can quickly provide you low cost financing options for your investment property.
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!