San Diego, CA – TaliMar Financial is pleased to announce our most recent funding of a $377,500 Fix & Flip loan secured on single family home in San Diego, CA. The funds were used to purchase and renovate the property. Once the renovations are complete, the Borrower will is the property for sale. The biggest hurdle on the...Read More
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....Read More
San Diego, CA – TaliMar Financial is pleased to announce our most recent funding of a $75,000 2nd position bridge loan secured on a 5 unit multi-family property in San Diego, CA. The Borrower will use the funds to complete some cosmetic updates of the exterior of the property and to hold for future expenses. The biggest hurdle...Read More
San Diego, CA – TaliMar Financial is pleased to announce our most recent funding of a $90,000 Bridge loan secured on a lot in San Diego, CA. The funds were used to purchase the property. The biggest hurdle on this transaction was the property type. The Borrower was a repeat client of TaliMar Financial and owned the adjacent parcel which was a single-family rental. The Borrower intends to...Read More
San Diego, CA – TaliMar Financial is pleased to announce our most recent funding of a $139,750 Fix & Flip loan secured on a single family home in Fresno, CA. The funds were used to pay off an existing bridge loan and fund renovation costs. The biggest hurdle on this transaction was the Borrower inherited the property which had a small private money bridge loan secured on...Read More
San Diego, CA – TaliMar Financial is pleased to announce our most recent funding of a $150,000 Bridge loan secured on a single family home in San Diego, CA. The funds were used to payout a family member from a rental property. The biggest hurdle on this transaction was that the Borrower was property rich but cash flow poor. Our loan included a payment reserve account...Read More
San Diego, CA – TaliMar Financial is pleased to announce our most recent funding of a $222,000 Bridge loan secured on a condominium in Spring Valley, CA. The Borrower had an existing hard money loan that had matured and was looking to refinance into a longer-term private money loan. The biggest hurdle on this transaction was that the existing bridge loan had matured, and the Borrower lacked a credit history. Because the property had...Read More
San Diego, CA – TaliMar Financial is pleased to announce our most recent funding of a $240,500 Fix & Flip loan secured on a condominium in San Diego, CA. The Borrower intends to complete an interior renovation of the property before listing it for sale. The biggest hurdle on this transaction was the Borrower was purchasing the property from a family member who needed to sell quickly, and...Read More
San Diego, CA – TaliMar Financial is pleased to announce our most recent funding of a $832,000 Fix & Flip loan secured on a single family home in La Mesa, CA. The Borrower will complete the existing renovation project before listing it for sale. The biggest hurdle on this transaction was that the prior owner had started to renovate the property but did not complete the project. TaliMar worked with the Borrower...Read More
San Diego, CA – TaliMar Financial is pleased to announce our most recent funding of a $1,025,000 Bridge loan secured on a single family home in San Diego, CA. The Borrower intends to complete a cosmetic update of the Subject property before listing it for sale. The biggest hurdle on this transaction was that a tenant would...Read More
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