San Diego, CA– TaliMar Financial is pleased to announce our most recent funding of a $1,033,500 30 Year Rental Loan secured on Single Family Home in San Diego, CA.
Our Borrower originally purchased the property with a Hard Money Fix and Hold Loan. After completing the renovation, the Borrower decided to hold the property as a long-term rental for student housing. Due to the property use, he was unable to obtain long-term financing from a conventional lender and used our investor-friendly 30 Year Rental Loan.
We helped the Borrower structure a 30 Year Rental Loan at a rate of 4% with interest only payments and cash out at close. The loan was ideal for the client because they not only can hold the property while it cash flows, they can use the proceeds from the cash out to purchase other investment properties.
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!