TaliMar Financial is excited to feature the Before & After images of a project we funded with a Hard Money Fix & Flip Loan in San Diego, CA. The renovations included modifying the existing floor plan, replacing the kitchen and bathrooms, and updating the flooring, paint, and exterior landscaping.
As the Hard Money Lender on this fix and flip project, we provided the client a Proof of Funds Letter for their original offer. Once the offer was accepted, we quickly structured and funded a private money loan that including loan funds for the purchase and 100% of the renovation costs. The renovation funds were disbursed to the client over the course of the project in five pre-agreed to draws.
Our client complete the renovation in four months. Once the renovations were completed, the client received multiple offers and accepted an offer at $50,000 over asking price. This was a win-win-win project for the client, TaliMar Financial, and the new buyer.
TaliMar Financial is a San Diego hard money lender that specializes in funding residential and commercial private money real estate loans. We offer aggressive financing options for fix and flip, construction, and bridge loans, including purchase, refinance and cash out refinance loans. Learn more about TaliMar Financial by visiting http://talimarfinancial.com/ .