Single Family Residence
Equity Cash Out10/01/2020
TaliMar Financial (talimarfinancial.com) is excited to announce our most recent funding of a $320,000 Cash Out Refinance Bridge Loan in Escondido, CA. The Borrower will use the funds to purchase additional rental properties. The loan request was brought to us by our mortgage broker community. The Borrower had purchased the property as a 1031 exchange through a special purpose entity. Due to the complexity of the ownership, they preferred to use a hard money lender to ensure a quick and smooth close.