Success Story
A Fidelis repeat client, an active fix-and-flip investor, needed to refinance an existing bridge loan and buy-out a partner on an investment property. The borrower’s value-add plan includes converting the garage into living space and adding additional bedrooms to create a total of 7 rentable rooms.
Fidelis Private Fund provided a $900,000 1st trust deed bridge loan secured by a single-family rental property situated near San Diego State University. The added value component will increase the value, representing a 67% LTV ratio.
Exit Strategy
Refinance with a Non-QM lender after completion of upgrades and full lease-up.
Value Added
Fidelis delivered fast, flexible capital to a proven investor, helping resolve an expiring loan and reposition the asset for increased rental income and future financing. This transaction demonstrates Fidelis’s ability to support repeat borrowers with strategic, well-secured bridge loans designed for value creation and long-term success.
Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.