$550,000 Acquisition / Bridge Loan
Fidelis Private Fund provided a $550,000 short term loan or 69% LTV. The borrower plans to remodel and expand the SFR and develop the adjacent vacant lot (separate parcel) with a detached SFR.
$1,153,000 Refinance / Permanent Loan
Fidelis Private Fund arranged the $1,153,000 permanent loan with a lender in the low 4% interest rate range and 52% loan to value ratio.
$1,690,000 Refinance / Permanent Loan
A client needed to refinance existing higher-cost debt with a lower interest rate on a six-unit apartment in Ocean Beach. Fidelis Private Fund arranged the $1,690,000 permanent loan with a commercial bank at a competitive interest rate and 65% loan to value.
$264,000 Refinance / Permanent Loan
A client needed to refinance existing higher-cost debt with a lower interest rate on a single-family residential investment property with a detached additional dwelling unit (ADU) in Escondido, CA. The borrower wanted a conventional lender at the lowest interest rate possible.
$335,000 Refinance / Permanent Loan
A repeat client needed to refinance existing higher-cost debt with a lower interest rate and long term loan. The Fidelis Private Fund helped the borrower arrange a long term loan to refinance the three residential units at an excellent interest rate.
$640,000 Purchase / Construction/Bridge Loan
Fidelis Private Fund arranged a $640,000 acquisition/rehab bridge loan (initial disbursement of $440,000 or 80% of cost) from a private lender to accommodate the purchase and provide additional funds for the complete remodel of the property. Upon completion of the remodel the value will exceed...
$476,250 Refinance / Permanent Loan
Fidelis Private Fund arranged the $476,250 permanent loan with a lender at competitive pricing considering the use of the property as an adult residential care facility.
What Makes an Ideal Team Player?
What makes an ideal team player? I believe great businesses succeed because people do. In Pat Lencioni’s book, “The Ideal Team Player”, he spells out three important characteristics of an ideal team player: Humble A humble person is quick to point out the contributions of others and slow to seek...
Tools for Investment Valuation & Feasibility Analysis – Cap Rate and Cash-on-Cash Return
There are two useful tools for valuing and comparing the feasibility of real estate investment opportunities: the capitalization rate (Cap Rate) and the cash-on-cash return. The two metrics use a snapshot of annual pre-tax income as a basis to determine the value and evaluate the feasibility of...
How can we Develop 5-Star Connections?
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8 Reasons Why to let a Mortgage Broker Help You
Saves Time – An experienced mortgage broker has a network of relationships to help you quickly find the lender that best fits your particular loan request. Saves Money – The cost of using an experienced mortgage broker is a sound investment that yields a great return. The real savings is...
Who are we Becoming?
Who are we becoming personally? If we win personally, we win professionally. But we cannot do it the other way around. When we set and achieve personal goals, and live according to our values, we will be propelled toward a more satisfying and fulfilling life both at home and at work. As we head...
Is 2019 a Good Time for Financial Leverage with Real Estate?
Financial leverage is the borrowing of capital to invest with an expectation the return will exceed the cost of the capital. Financial leverage may or may not be a benefit during differing economic conditions. For example, financial leverage with subprime debt was bad for banks during the...
Broadcast Accountability as Well as the Goal
If you want to improve the chances of accomplishing a goal, don’t just broadcast your ultimate goal to everyone. Instead, be accountable to someone you trust for completing the action steps required to accomplish the goal. It’s fine to share a goal with someone because it will help...
Five Tips to Help get you Construction Financing
Obtaining a construction loan is not easy. Improve your chances of acquiring construction financing by assembling an experienced development team which includes: a real estate broker, an architect, an engineer, a general contractor, and a mortgage broker. The presentation and the audience of the...
Curiosity is a key Element to Enjoying Work
“The important thing is not to stop questioning… Never lose a holy curiosity.” Albert Einstein Without curiosity, our daily tasks become routine, without meaning or importance. Curiosity helps us enjoy what we do and allows us to grow and learn new things. Curiosity is vital to...
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If you do any running at all, you’ve seen or heard about minimal running shoes. Minimal running shoes became popular after Chris McDougal’s book “Born to Run” was published in 2009. He promoted barefoot running as a more natural way to run, healthier for your feet and...
Growth Mindset or Fixed Mindset?
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The Riskiest Moment is When we Think we Know We’re Right
When we think we have the only right answer that’s when we are at our riskiest moment and most vulnerable to making a mistake. I am not talking about the daily, mundane decisions we make every day where we’re using basic common-sense; I am talking about important decisions that...
You Can’t out Exercise a bad Diet
The motto “Eat less and exercise more, and you will lose weight and be healthy!” is not that simple. I used to think I could exercise more to compensate for eating junk food. But, you can’t outwork a bad diet. When I was young, I thought I was invincible in so many ways and my...