A repeat client needed a bridge loan to purchase 14 apartment units in El Cajon, CA, which required renovation before obtaining conventional financing. The borrower needed a flexible bridge lender to fund the purchase quickly and allow time to vacate the tenants and complete the...
A repeat client negotiated a below market price to purchase a single-family investment property in San Diego that required only some cosmetic improvements, and needed to close in less than 10 days. The buyer needed a lender that would perform fast and make it an easy process.
A client referral was in escrow to purchase a commercial property to be used as an owner-occupied commercial property; however, tenants still in the property needed to be vacated before a conventional lender would fund the loan. The borrower needed a flexible bridge lender to fund the purchase...
A referral from a Fidelis investor had the opportunity to purchase a fixer-upper single-family residence in San Diego and needed to close fast. The buyer needed a lender that would perform within days and make it an easy process.
A borrower needed a bridge lender to fund the purchase of a mixed-use investment property with a commercial unit in front and two detached single-family residential units in the back. The borrower needed a bridge lender that understood that the property was currently rented at under market rents...
A repeat client was in contract for almost two years to purchase a single-family residence in the Bay Park area of San Diego with a locked-in purchase price of $825,000. The buyer did not close on the transaction until July 2021 due to difficulty in removing the tenants. During that time, the...
A local San Diego client owns a residential lot free and clear in an upscale, residential neighborhood in Pasadena, CA. They have the opportunity to own a large single-family residence for free if they can move it off its foundation and onto the nearby residential lot they own. The borrower...
A repeat client owned a free and clear single-family investment property and needed to quickly access some of the equity in the property in the form of a cash-out refinance loan to purchase another investment property.
A client was in escrow to purchase five detached, single-family residences, bungalows in need of remodeling on one parcel in the South Park Community of San Diego. The purpose of the loan was to acquire the property, remodel the five cottages, raise the rents, and refinance with conventional...
A repeat client owner/operator of a successful Auto Towing business was in escrow to purchase a multi-tenant industrial building for $1,500,000 as an owner user. The borrower owned the adjacent parcels to the east, so the purchase of the subject property enhanced the value of his business with...
A repeat client owner/operator of a successful Auto Towing business was in escrow to purchase a multi-tenant industrial building for $1,500,000 as an owner user. The borrower owned the adjacent parcels to the east, so the purchase of the subject property enhanced the value of his business with...
A repeat client negotiated an excellent price to purchase a single-family investment property with the plans to add additional dwelling units (ADU’s) to the site. The purpose of the loan was to acquire the property and later provide additional funds to construct improvements.
A repeat Fidelis client, an owner-builder/contractor, built out of pocket a newly constructed single-family residence he owned free and clear that was partially finished. The borrower wanted a short-term loan to finish the construction.
A repeat client negotiated an excellent price to purchase a single-family investment property that needed cosmetic improvements. The buyer needed a lender that would perform fast and make it an easy process.
A repeat client, an experienced real estate investor, and a general contractor needed cash liquidity for another investment opportunity. Instead of selling his property to access the cash, he wanted a refinance a cash-out loan from a lender that was quick and hassle-free.
An experienced real estate investor and client referral purchased several residential properties all cash, and over the past year, entitled the properties for additional rental units. He now wanted to pull some cash out to purchase other investment property and have funds to remodel and build...
An experienced real estate investor and an excellent client needed a construction loan to transition a single-family residence into a multi-family property by keeping the house and converting the garage to a rental unit and constructing four units on the rear of the property for a total of 6...
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.
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
