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San Diego, CA – TaliMar Financial is pleased to announce our most recent funding of a $424,000 Hard Money Fix and Flip loan secured on a single-family home in El Cajon, CA. The Borrower will complete a full interior and exterior renovation of the property before listing it for sale.
The Borrower first approached TaliMar Financial seeking information on our Hard Money Fix and Flip Loans. They had never completed a residential fix and flip project but we qualified them for our Preferred Borrower Loan Program as a first-time investor. This gave them access to a Letter of Credit, property-specific Proof of Funds letters, and our expedited 3 to 5-day closings.
Soon after qualifying them for our Preferred Borrower Loan Program and establishing them a TaliMar Borrower Account, our Borrower notified us that they identified a Fix and Flip investment opportunity and would need to close quickly. We approved them for a 70% completion value Fix and Flip Hard Money Loan that funded 80% of the purchase price and 100% of the renovation costs.
Because we are a direct Hard Money Lender, TaliMar Financial can have the renovation funds disbursed to the Borrower based upon a pre-approved draw schedule and within less that 24 hours of the initial request.
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.
Check out our hard money loan programs by clicking here.
Contact TaliMar today at (858) 613-0111 with your loan request or visit talimarfinancial.com to learn more about our hard money lending programs.
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