What I currently see on the horizon for San Diego real estate is based on information I receive from conversations with real estate owners, lenders, borrowers, buyers, and sellers in the San Diego market. This provides valuable information as to what changes are developing.
A new client needed to refinance her previously free & clear primary residence with a new mortgage for investment purposes while taking advantage of today’s low-interest rates. She was frustrated with her previous attempts to obtain financing through other loan brokers and banks and almost...
We believe relationships are more important than transactions. Most of our loans are to repeat clients and borrowers we have known for years. What makes Fidelis different from other private lenders is how well we treat our clients and carry on our everyday business activities with a sense of...
An existing client referred a borrower to Fidelis, a business owner who needed a bridge loan to purchase a commercial property. The purchase price was $430,000 or 68% loan to cost. The property location is in a transitioning area once a residential home is now zoned commercial and used for...
A repeat Fidelis client, an owner-builder/contractor, needed a construction loan to complete a single-family investment property. The market value of the completed property is conservatively estimated based on sale comps at $600,000 or 50% LTV.
A repeat client negotiated another below-market price to purchase a single-family investment property that needed little to no work. This type of investment opportunity is hard to come by these days when there is not a lot of improvements to be done to create value. The buyer was scheduled to...
A referral from a long time client needed to close on the purchase of a large single-family investment property in Spring Valley, CA, in less than one week with a conservative loan at 24% LTV.
Albert Einstein said: “Compound interest is the eighth wonder of the world. He who understands it earns it … he who doesn’t …pays it.” Compounding is one of the most overlooked and yet powerful tools to create wealth.
The subject borrower came from an existing client referral. The investor needed a loan to purchase a “Fixer-Upper” single-family residential investment property in the excellent community of Kensington in San Diego, CA.
A referral from an existing client needed a refinance cash-out bridge loan. The purpose was to recoup a portion of an all-cash purchase of a residential condo investment property with oceanfront views in La Jolla, CA.
Two partners, a general contractor and repeat client, and a real estate investor, needed a construction loan to build two residential units in San Diego, CA. The acquisition included one parcel with the lot being split into two separate lots creating added value.
We believe relationships are more important than transactions. Most of our loans are to repeat clients and borrowers we have known for years. What makes Fidelis different from other private lenders is how well we treat our clients and carry on our everyday business activities with a sense of...
An experienced real estate investor and repeat client needed a loan in a matter of days to purchase a “Fixer-Upper” single-family residential investment property in Chula Vista, CA.
A repeat client needed a bridge loan to purchase a single-family investment property in the Hillcrest Community of San Diego. It was the third of three properties the borrower purchased that were all contiguous to each other. The borrower assembled the three properties to be sold to a developer...
There is a lot of stress in our everyday life. The demands of a job and family can often be overwhelming. The economic uncertainty and the political division we live in today adds to the stress. This may sound relatively simple, but a factor in reducing stress is to embrace humility. Short...
A long time client and business owner of a multi-tenant commercial property in Laguna Beach, CA, had most of his cash liquidity tied up in equity in the property. He was in the process of restructuring the debt on the property and needed to pull some cash out to accomplish his goal.
A referred client was looking to refinance his existing mortgage and take some cash out while locking in the lowest interest rate possible. The borrower wanted a hassle-free loan and turned to Fidelis to lead the way. Fidelis quickly connected the borrower with a conventional lender that could...
A client referred to Fidelis wanted to take advantage of the low-interest rates and refinance his owner-occupied single-family residence. The borrower wanted a hassle-free loan and looked to Fidelis to assist.
A long time client wanted to refinance his first trust deed mortgage on a commercial property. The borrower also required some cash out for working capital.
A new client looking to refinance his existing first trust deed mortgage on his owner-occupied single-family residence, while taking advantage of today’s low-interest rates. The borrower wanted a hassle-free process and turned to Fidelis for help.
