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Palm Springs, CA– TaliMar Financial, a Palm Springs Hard Money Lender, is pleased to announce our most recent funding of a $703,750 Hard Money Fix and Flip loan in Palm Springs, CA.
The client reached out to TaliMar Financial seeking a short term hard money fix and flip loan to purchase a distressed single family home. The property was brought to them by a wholesaler who needed to close quickly on the purchase. Because our borrower had been approved through our Preferred Borrower Account Program, we quickly approved the loan request.
The loan was structured as an 80 / 100 loan, funding 80% of the purchase and 100% of the renovation costs. We did not require an appraisal and the renovation funds will be disbursed to the borrower over the course of the renovations.
Using the right hard money lender to fund your fix and flip loans is important. Not every private money lender operates the same, and most are designed to quickly close on a fix and flip loans, fix and hold loans, or bridge loans. Using TaliMar Financial to fund your private money fix and flip loan is the right choice.
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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