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San Diego, CA– TaliMar Financial is pleased to announce our most recent funding of a $531,000 Residential Hard Money Bridge Loan secured on a Single Family Home in San Diego, CA.
In this scenario, our Borrower was seeking a short term purchase loan to quickly on a real estate investment opportunity. The long term strategy is to obtain approval to build a detached Accessory Dwelling Unit (ADU) and increase the rental income of the property. TaliMar Financial will provide the renovation funds for the ADU once the plans are approved.
One of the biggest reasons real estate investors use hard money to purchase a property is for speed. Because a hard money lender requires less paperwork, and in many cases no appraisal, closing with a hard money lender such as TaliMar Financial can occur in 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.
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
Minimum Documentation
Business Purpose Only
Up to 70% of Completion Value
12 – 24 months
Low Rates
Interest Only Payments
Single Family and Multi-Family
California Only
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!
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