$1,425,000 Refinance / Bridge Loan
The owners own and operate an adult residential care facility. They needed to refinance to pay off a partner before they could refinance with an approved SBA loan. They needed to close fast.
$200,000 Refinance / Rehab / Bridge Loan
A client purchased two investment mixed-use properties for $650,000 with a seller carry-back note of $475,000. The properties were rented at below-market rents. The borrower needed a bridge lender to fund $200,000 in rehab costs to generate market rent.
$210,000 Refinance / Bridge Loan
A repeat client needed to pay off a 2nd Trust Deed loan that had matured secured by a single-family property. As a way to expedite the process, the borrower offered to provide a 1st Trust Deed on a single-family investment property owned free and clear
$550,000 Purchase / Bridge Loan
A repeat borrower needed a quick bridge loan to purchase a single-family investment property in Oceanside, CA, that needed to close in less than two weeks. The borrower wanted to use the equity in his properties in lieu of cash down in structuring the financing for the purchase. The purchase...
$420,000 Refinance / Bridge Loan
A client needed a bridge loan to refinance an existing private loan and fund the remaining costs to complete two manufactured homes on two separate parcels. The two manufactured homes were built and ready to be moved onto the site. The appraised value of the two houses was $700,000 or $350,000...
$1,550,000 Purchase / Bridge Loan
The borrower needed a quick bridge loan to purchase an industrial warehouse/office building that would be owner-occupied. Their SBA loan with the Bank was approved but could not fund in time to meet the seller’s deadline to purchase the property.
$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...