San Diego, CA – TaliMar Financial is pleased to announce our most recent funding of a $412,000 Bridge loan secured on a single family home in Carlsbad, CA.
The Borrower was completing a 1031 exchange to buy out their existing partner. However, because the 1031 exchange considered the transaction to be a cash out refinance, their original Lender could not fund the transaction. After the Borrower seasons the loan with 3 to 6 months of payments, they will refinance our bridge loan with conventional financing.
This loan request was referred to us by a local real estate agent. Yes, we are BROKER FRIENDLY!!!
About TaliMar Financial
TaliMar Financial is a California 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.