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$195,000 Purchase / Bridge Loan

$195,000 Purchase / Bridge Loan

Success Story

A borrower had an opportunity to purchase a commercial investment property located in Lakeside, CA, at an excellent price and needed to close fast.

The purchase price was $325,000 or 60% LTV. The borrower already had a tenant ready to rent the space.

Fidelis Action

Fidelis Private Fund provided the borrower a $195,000 short-term 1st Trust Deed purchase loan.

The exit strategy is to pay off the loan with borrower cash flow within 6 months.

Value Added

The Fidelis Private Fund helped our client purchase a commercial investment property at a great price that needed to close fast.  At the same time, we made it a smooth and hassle-free process for the borrower.

Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.

$1,140,000 Refinance / Construction Loan $300,000 Refinance / Bridge Loan