$270,000 Purchase / Bridge Loan
The timing was right for our borrower when they found an off-market opportunity to purchase an affordable single-family fixer-upper investment property below market value. The seller needed to sell quickly.
$245,000 Purchase / Bridge Loan
A repeat client negotiated a below-market price to purchase a single-family investment property that needed to close within a week. The borrower planned to remodel the house for resale.
$400,000 Purchase / Bridge Loan
An existing Fidelis borrower and Fidelis investor, experienced business owner, and real estate investor purchased an owner-occupied commercial property in Riverside, CA. He needed a quick bridge loan to buy a property that will be refinanced with conventional financing.
$150,000 Refinance Cash-Out / Bridge Loan
A previous client owned a single-family residential investment home free and clear, recently remodeled and ready for sale, and needed $150,000 cash out to pay off another investment debt. The conservative market value of the property was $890,000 or a 17% LTV ratio. The property was in an...
$500,000 Purchase / Bridge Loan
A prior client, experienced business owner, and real estate investor teamed with a partner. They needed a quick bridge loan to purchase a commercial property/owner-occupied in a matter of days. The purchase price was $700,000 or 71% loan to cost. An appraisal supported the value after the...
$295,000 Purchase / Bridge Loan
An existing client referred a borrower to Fidelis, a business owner who needed a bridge loan to purchase a commercial property. The purchase price was $430,000 or 68% loan to cost. The property location is in a transitioning area once a residential home is now zoned commercial and used for...
$300,000 Refinance / Const. Loan
A repeat Fidelis client, an owner-builder/contractor, needed a construction loan to complete a single-family investment property. The market value of the completed property is conservatively estimated based on sale comps at $600,000 or 50% LTV.
$450,000 Purchase / Bridge Loan
A repeat client negotiated another below-market price to purchase a single-family investment property that needed little to no work. This type of investment opportunity is hard to come by these days when there is not a lot of improvements to be done to create value. The buyer was scheduled to...
$210,000 Purchase / Rehab Bridge Loan
A referral from a long time client needed to close on the purchase of a large single-family investment property in Spring Valley, CA, in less than one week with a conservative loan at 24% LTV.
$845,000 Purchase / Rehab Bridge Loan
The subject borrower came from an existing client referral. The investor needed a loan to purchase a “Fixer-Upper” single-family residential investment property in the excellent community of Kensington in San Diego, CA.
$750,000 Refinance / Bridge Loan
A referral from an existing client needed a refinance cash-out bridge loan. The purpose was to recoup a portion of an all-cash purchase of a residential condo investment property with oceanfront views in La Jolla, CA.
$938,000 Purchase / Const. Loan
Two partners, a general contractor and repeat client, and a real estate investor, needed a construction loan to build two residential units in San Diego, CA. The acquisition included one parcel with the lot being split into two separate lots creating added value.
$555,000 Purchase / Rehab Loan
An experienced real estate investor and repeat client needed a loan in a matter of days to purchase a “Fixer-Upper” single-family residential investment property in Chula Vista, CA.
$770,000 Purchase / Bridge Loan
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...
$150,000 Refinance Cash-Out / Bridge Loan
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.
$450,000 Refinance Cash-Out / Bridge Loan
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...
$545,000 Purchase / Bridge Loan
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...
$300,000 Refinance / Bridge Loan
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.
$590,000 Refinance / Construction Loan
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.
$361,250 Purchase / Bridge Loan
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...