A repeat client had purchased a residential adult care facility with private financing and wanted to refinance the higher-cost debt with conventional long-term debt at a low fixed rate. Through our extended network of real estate lenders, we found for the borrower the best lender to provide an...
A repeat client had purchased several residential adult care facilities with private financing and wanted to refinance the higher-cost debt with conventional long-term debt at a low fixed rate. Through our extended network of real estate lenders, we found for the borrower the best lender to...
Jim Rohn said, “Time is more valuable than money. You can get more money, but you cannot get more time.” Making better use of our time also generates freedom and less stress in our lives. There are many ways through better time management we can improve our efficiency and be more...
A repeat client and successful real estate broker was in contract to purchase a residential duplex with two detached residential units and needed to close in less than a week. The borrower is an experienced real estate investor and plans to remodel the improvements and increase the rents.
Fund control plays a vital role in mitigating risk for all parties involved in the construction project. A construction fund control is a process where a third party manages the proper funding of the project. They verify the construction budget, draw documentation, and work progress, to help...
A client referral was in contract to purchase a former neighborhood fire station in Fallbrook, CA, below-market. The borrower plans to remodel the improvements into a residential care facility or group home, which is believed to be the highest and best use.
A repeat client negotiated below-market price to purchase a single-family investment property that needed some cosmetic improvements
A repeat client needed to close on the purchase of a residential duplex investment property in less than a week. It was a historical residence in the community of Golden Hill, San Diego. The borrower had some cash from a 1031 exchange and a lot of equity tied up in another residential investment...
I have been in real estate financing business for over 30 years. I consistently work with real estate brokers to finance the investment property transactions that come my way. It’s incredibly important how a broker conducts business and treats people. The right real estate broker can make...
A repeat borrower who is an experienced general contractor needed a quick bridge loan to purchase a single-family investment property with a San Diego bay view. It needed to close in less than a week.
A repeat client needed a construction loan to build 17 apartment units in National City, CA. The borrower wanted a conventional lender with competitive pricing that would accommodate financing for an owner/builder. As it is with many of our clients, private money is not always needed. Fidelis...
There are numerous benefits to investing in a mortgage fund. Click here for a list of benefits. However, one benefit not often talked about is a hedge against inflation. In the last year, to fight the COVID-19 pandemic, the government injected over 2.5 trillion dollars into the US economy. These...
With access to the internet and the overwhelming amount of information that we have instant access to gives us the illusion that more options are good. It’s like drinking water from a firehose. We are told our options are limitless. We can do anything if we merely put our mind to it. This is not...
Fidelis was the existing lender where the client initially needed a quick refinance cash-out bridge loan on a residential condo investment property with oceanfront views in La Jolla, CA. Once Fidelis funded the acquisition and bridge loan, Fidelis immediately started the process to help the...
The owners own and operate an adult residential care facility. They needed to refinance to pay off a partner before they could refinance with an approved SBA loan. They needed to close fast.
A client purchased two investment mixed-use properties for $650,000 with a seller carry-back note of $475,000. The properties were rented at below-market rents. The borrower needed a bridge lender to fund $200,000 in rehab costs to generate market rent.
A repeat client needed to pay off a 2nd Trust Deed loan that had matured secured by a single-family property. As a way to expedite the process, the borrower offered to provide a 1st Trust Deed on a single-family investment property owned free and clear
A repeat borrower needed a quick bridge loan to purchase a single-family investment property in Oceanside, CA, that needed to close in less than two weeks. The borrower wanted to use the equity in his properties in lieu of cash down in structuring the financing for the purchase. The purchase...
A client referred to Fidelis wanted to take advantage of the low-interest rates available to refinance his owner-occupied single-family residence. The borrower wanted a hassle-free loan and looked to Fidelis to assist in getting it done.
At what point do you decide to refinance a loan based on the interest rate? A question most of us have been asking, given the low-interest-rate environment we have been in for a while. Making the right decision to refinance can save you money, but if not done at the appreciate time and for the...
