San Diego, CA– TaliMar Financial is pleased to announce our most recent funding of a $192,500 Bridge Loan secured on a Single-Family Home in National City, CA.
The client was seeking a short term purchase loan to acquire the property. Once purchased, they will renovate the property and hold for future cash flow. Additionally, they will be submitting plans to build two accessory
dwelling units (ADU’s) for additional cash flow.
The biggest hurdle on this transaction was the condition of the existing structure and the ability for the client to obtain plan approval for the ADU’s. Based upon the Borrowers successful track record of purchasing similar type
properties, TaliMar Financial quickly approved and closed on the transaction.
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.