$1,020,000 1st DOT Purchase/Bridge Loan
A client referral needed to close fast on purchasing a single-family investment property in the community of Golden Hill, east of downtown San Diego. The property has the potential for increased density in the rear of the property with alley access.
$680,000 Purchase/Perm. Loan
A new client, referred to Fidelis Private Fund by a reputable broker, was looking for long-term, permanent financing with maximum leverage available to purchase a storage yard in Fullerton, California.
This loan was not fit for Fidelis Private Fund. However, from our extensive network of lender relationships, we found a conventional lender that would provide a long-term note and the leverage required by the borrower.
$1,300,000 1st DOT Refinance/Const. Loan
A client referral wanted to expedite the construction loan process and needed a lender to accommodate an owner/builder in providing a loan to build a single-family residence in El Cajon, CA.
$800,000 1st DOT Refinance/Bridge Loan
A client referral needed to refinance an existing loan and take out additional funds to repair, remodel and add additional units by reconfiguring the 7,419 sf. industrial warehouse building located on a 10,555 sf. corner lot in San Diego.
$670,000 1st DOT Purchase/Const. Loan
A repeat client and general contractor needed a construction loan to build two, 2BR/2BA single-family residences with two car garages and a rooftop deck, both on the same block in the Ocean Beach community of San Diego.
$400,000 2nd DOT Refinance/Const. Loan
A repeat client needed a construction loan to replace a detached garage next to a fully remodeled single-family residence on a corner parcel with two rental units (1BR/1BA and 3BR/2BA ADUs) for a total of three rental units. The property is in the community of Point Loma, just east of downtown San Diego.
$2,600,000 Refinance/Const. Loan
A repeat client needed a construction loan to build a single-tenant retail building preleased with a long-term lease to the credit tenant Starbucks in Chula Vista, CA.
$315,000 2nd DOT Refinance/Const. Loan
A repeat client needed a construction loan to build two rental units (one ADU and a Jr. ADU) in one detached building on the back parcel with a fully remodeled single-family residence in the front for three rental units. The property is in the community of City Heights in San Diego, CA.
$150,000 2nd DOT Refinance/Bridge Loan
A repeat client needed a short-term loan to transform a 1BR/1BA rental unit into a 2BR/2BA unit on the same parcel as an existing single-family residential investment property that includes a total of two rental units in the community of Rancho Bernardo in San Diego, CA.
$2,200,000 Purchase/Bridge Loan
A repeat client needed a loan to acquire a mixed-use investment property located in San Diego County with significant added-value potential. The subject property consisted of 5 parcels totaling 11+ acres with 80 horse stalls and 13 rental homes. The purchase price was $2,610,000. The borrower plans to renovate and improve the property in two phases.