Los Angeles, CA– TaliMar Financial is pleased to announce our most recent funding of a $647,500 Fix and Flip Loan secured on a single-family home in Los Angeles, CA. Our client will complete a cosmetic update of the property before listing it for sale.
Our hard money fix and flip loan were structured to include funds for the purchase and 100% of the renovation costs. The renovation funds will be disbursed to the Borrower over the course of the renovation in five pre-agreed draws.
The Borrower had requested a property-specific pre-approval letter for their original offer. The listing agent contacted TaliMar Financial to verify the letter and requested further clarification on our closing process and timeline. After getting the listing agent comfortable with our approval process, they accepted our Borrower’s offer and we closed 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) 613-0111 with your loan request or visit talimarfinancial.com to learn more about our hard money lending programs.