Recent Funding: $566,000 Fix & Flip Loan in La Mesa, CA

La Mesa, CA – TaliMar Financial, a La Mesa Hard Money Lender, is excited to announce the most recent funding of a $566,000.00 Hard Money Fix and Flip Loan, secured on a single-family home in La Mesa, CA. The loan was originated by Brock VandenBerg.

The Borrower contacted TaliMar Financial because they were seeking a quick close on a private money rehab loan. The loan request included a construction reserve (read more on What is a Construction Reserve) to fund 100% of the renovation costs.  

The biggest hurdle on this transaction was that they were seeking to close in less than 7 business days. Because TaliMar Financial is a mortgage fund (learn more about TaliMar Income Fund I), we often provide funding at cheaper rates and much quicker.

When buying investment properties, obtaining a pre-approval from a hard money lender is a good idea. It will show the seller, or their agent, that you have already arranged financing and you are prepared to close quickly. In many cases, the Hard Money Lender will issue a Proof of Funds Letter (read more on What is a Proof of Funds Letter) which will strengthen your offer.

Special thanks to Audrey LaChance at West Coast Escrow – SD and Patty Meredith at Chicago Title Company for assisting us with the close.

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.