A repeat client needed a bridge loan to purchase a single-family investment property in the Hillcrest Community of San Diego. It was the third of three properties the borrower purchased that were all contiguous to each other. The borrower assembled the three properties to be sold to a developer...
A long time client and business owner of a multi-tenant commercial property in Laguna Beach, CA, had most of his cash liquidity tied up in equity in the property. He was in the process of restructuring the debt on the property and needed to pull some cash out to accomplish his goal.
A successful real estate investor wanted to tap cash equity in his properties to purchase another income property. Rather than selling a property to obtain the cash, he wanted a lender to consider refinancing a few of his existing properties to pull cash out as the equity to purchase a 6 unit...
A repeat client negotiated a below-market price to purchase a “Fixer-Upper” single-family residential investment property in an excellent location in the Del Cerro community of San Diego. The borrower had to close in a matter of days and needed a lender that would perform fast and make it an...
A repeat client needed a loan to rehab a dilapidated single-family residence with one detached residential unit and garage in the rear of the property. The property is located on a corner lot in an excellent location in the community of Pacific Beach on Grand Avenue.
An experienced general contractor needed a construction loan, as an owner/builder, to build a residential duplex with an auxiliary unit for a total of three residential units in an excellent location in the community of South Park San Diego.
An experienced real estate broker negotiated a below-market price to purchase a “Fixer-Upper” single-family residential investment property in San Diego, CA. The borrower needed a lender who would acknowledge the real market value vs. just focusing on the purchase price. She needed a lender that...
A repeat Fidelis client needed a bridge loan to close on the purchase of a single-family residence in La Jolla, CA. The borrower qualified for a permanent loan with a conventional lender, but the seller would not extend the escrow long enough to close with the traditional financing.
Two partners, a general contractor and real estate investor, needed a construction loan to build two detached residential duplexes in Vista, CA. A total of four apartment units. The borrower’s obtained the permits necessary to start construction and were ready to build. They and did not want...
A borrower had an opportunity to purchase a commercial investment property located in Lakeside, CA, at an excellent price and needed to close fast.
A borrower needed to access cash equity in an existing residential investment property located in Escondido, CA, to purchase another business investment. Instead of having to sell the property, the borrower wanted to refinance and pull cash out as well as use his personal residence as additional...
A repeat Fidelis client, owner-builder/contractor, needed to access cash equity in a newly constructed single-family residence he owned free and clear. The borrower wanted a short term cash-out loan for other investment opportunities.
An experienced general contractor and repeat client needed a construction loan to build two detached single-family investment properties in North County San Diego. The borrower had previously split a parcel with a single-family residence on it into three parcels leaving two vacant parcels to...
A repeat client negotiated a below-market price to purchase a “Fixer-Upper” single-family residential investment property in El Cajon, CA. The borrower had to close fast and needed a lender that would perform and make it an easy process.
A repeat client needed a quick, short-term loan to purchase a single-family residential investment property in the San Diego area. The borrower secured the purchase at an excellent price and planned to make cosmetic improvements to the property for resale. The purchase price was $432,000, and...
An aspiring real estate investor needed a quick, short-term loan to purchase a single-family residential investment property in the San Diego area. The borrower secured the purchase at a below-market price and planned to make cosmetic improvements to the property for resale. The purchase price...
A repeat client and experienced real estate investor had an opportunity to purchase a single-family residence in El Cajon, CA as an investment property at below market value. The plan was to add value by converting a garage into a detached ADU (Accessary Dwelling Unit) and hold as a rental...
A real estate investor had an opportunity to purchase a single-family residence in the San Diego area as fix & flip investment property and needed to close within a week. Fidelis Private Fund moved fast and provided a $405,000 short term 1st Trust Deed or a 70% LTV ratio.
Fidelis Private Fund moved fast and funded a $250,000 short term 1st Trust Deed loan structured with a $100,000 initial advance with the $150,000 held for the remodel and improvement costs.
Fidelis Private Fund was able to move fast and closed a $415,000 short term 1st Trust Deed loan on the duplex and cross-collateralized the loan with the apartment to provide the funds to purchase and rehab the duplex or conservatively at a 57% combined loan to value.
