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Menifee, CA – TaliMar Financial, a Menifee Hard Money Lender, is excited to announce the most recent funding of a $389,000 Hard Money Fix and Flip Loan secured on a Single Family Home in Menifee, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial because they were seeking a short-term Private Money Fix and Flip loan to purchase and renovate a real estate investment property in Menifee, CA. They requested both purchase and renovation funds with the loan request. We approved the Borrower for an 80% of purchase and 100% of renovation cost loan.
The biggest hurdle on this transaction was that the property was located outside the normal lending footprint for our lending program. However, we got comfortable with the Borrower’s real estate investment experience and property and approved the loan request.
This loan was a great example of why a real estate investor should consider TaliMar Financial for their hard money loan request. As the fund manager of TaliMar Income Fund I, we offer a direct source of capital for real estate investors.
Special thanks to Valerie Baker at Generations Escrow Company and Clay Sydney at Fidelity National 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.
Up to 80% of Value
Purchase / Refinance
As Low as 3.875%
Interest Payments Available
Cash Out OK
Minimum Documentation
Business Purpose Only
Up to 70% of Completion Value
12 – 24 months
Low Rates
Interest Only Payments
Single Family and Multi-Family
California Only
Business Purpose Only
The Preferred Borrower Account Program was designed for the real estate investor. The PBA Program offers real estate investors a secure source of capital for their real estate deals. By getting approved, investors will have access to a TaliMar Financial Letter of Credit, property specific Proof of Funds Letters, 5 Day Expedited closings, and our Wholesale Deal Marketplace.
The process of getting approved is simple. Apply today!
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