Success Story
A repeat client needed to quickly close on a single-family residential investment property in El Cajon, CA, for a fix-and-flip project. The borrower will cover the cost of property improvements out of pocket.
Fidelis Private Fund facilitated a $527,000 first trust deed purchase loan. The single-family residence secured the loan with an ARV, resulting in a 60% LTV.
The borrower plans to immediately sell the property after remodeling as the source of repayment.
Value Added
Fidelis enabled the borrower to quickly secure a below-market purchase, allowing them to add value immediately. The loan process was smooth and hassle-free throughout.
Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.