VIDEO STORY – The borrower is transitioning a property that has been in the family for decades in the Gaslamp district of downtown San Diego. Fidelis provided the borrower a $600,000 bridge loan to finish remodeling a mixed-use project with apartments on the 2nd floor, a courtyard for...
VIDEO STORY – Fidelis provided the borrower a $550,000 bridge loan to completely remodel the existing home into a 2,600 sq.ft. 4BR/3BA house and taking the existing garage converting it to a guest house, and later constructing a detached two-car garage with an ADU above the garage at the...
VIDEO STORY – Fidelis provided an $800,000 loan to refinance the existing debt and provide sufficient funds for the rehab and construction of the two additional rental units to make it a three-unit property. The market value after completion will exceed $1,200,000.
VIDEO STORY – The borrower purchased a vacant lot within a quarter mile of the subject, had the house broken into parts, and is in the processing moving it onto the empty lot. This was not an easy task moving it down the street and is not finished, but once completed, the borrower will...
An excellent client, a general contractor, was in escrow to purchase a residential investment property with the potential to add additional rental units to the property. The borrower also wanted to utilize excess equity capacity in a few other investment properties as cash down for the...
A repeat client needed to close fast on purchasing a single-family investment property in San Diego. The property has the potential for increased density with the construction of multiple ADUs in the rear of the property.
An excellent existing client referral owned a 100% leased, free and clear commercial property in Spring Valley, CA, that’s conservatively worth over $1,500,000 and wanted to use it as collateral to pull some cash out immediately for other investment purposes.
A new borrower referred to Fidelis by a reputable broker needed a commercial line of credit for investment purposes. The borrower had an investment property, owned free & clear, which he used as collateral for the subject line of credit.
A repeat client needed a creative lender to do a construction loan to construct 3 apartment units built out of containers on a vacant lot in San Diego.
A repeat client who is a general contractor owns a single-family investment property in Oceanside, CA, and needed a loan to remodel the existing improvements and add two additional rental units (ADUs) turning it into a three-unit property, substantially increasing the value.
A client referral was in the process of purchasing a single-family residential four-acre improved lot for $485,000 in Poway, CA, just north of San Diego. The borrower was planning on purchasing all cash; however, due to unforeseen circumstances within 7 days of closing, the borrower was short...
A good client referred a borrower who was in need of refinancing a single-family investment property in Riverside, CA that was in foreclosure due to some unforeseen family issues.
A borrower, well known to Fidelis, had an unfortunate tragedy in the family and inherited a free and clear residential condo in the community of Mission Valley in San Diego and needed a short-term, cash-out bridge loan within ten days.
A repeat client who is a general contractor here in San Diego owned a single-family investment property in Mammoth Lakes, CA, and wanted to do a significant remodel, doubling the rentable square footage into a 2,600 sq.ft., 4BR/3.5BA property. However, he wanted a lender that would allow him to...
A repeat client got their $1,420,000 offer accepted to purchase a five-unit multi-family property in Imperial Beach, CA. It had deferred maintenance and added value potential with a 10-day close.
A repeat client purchased a single-family investment property on a large lot with a conventional mortgage at a low-interest rate. At the same time, the borrower was in process of obtaining permits for a 6-unit multi-family project. The borrower wanted to leave the low-interest rate 1st Trust...
A repeat client owned a single-family investment property free and clear and was in the process of a complete remodel. As they were approaching completion, the borrower was short on the liquidity to finish the remodel and needed a quick bridge loan for $100,000.
A repeat borrower of Fidelis Private Fund was in a competitive bidding process for a single-family investment property in Spring Valley, a community of San Diego, which required a lot of rehab work. His ability to perform fast with a bridge loan from Fidelis won him the bid to purchase the...
A long-time borrower of Fidelis Private Fund needed financing to help finish the renovation of a 31-unit multi-family investment property he’s owned for years in the community of Mountain View in San Diego. The borrower has an excellent rate on the 1st Trust Deed loan, and it was in the...
A repeat client negotiated an excellent price to purchase a residential duplex on a large lot with plans to add eight additional dwelling units (ADUs) to the site for a total of 10 units. The purpose of the loan was to acquire the property and later provide additional funds to construct the...
