TaliMar Financial

About TaliMar Financial

Headquartered in San Diego, CA, Tali Mar Financial is a private money lender offering funding in California. They offer fix and flip hard money loans, private commercial loans, short term bridge loans, and investment property loans. They provide rates starting at 10% , loan amounts ranging from $50,000 to $1,000,000 with a maximum LTV of 65%, and terms between 3 months and 18 months. They provide loans on numerous property types, including single family residences, multi family residences, apartment buildings, retail units, and mixed use buildings.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans, Bridge Loans, Refinance / Cash Out Loans, Hard Money Loans, New Construction Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Hotel, Storage, Assisted Living, Mixed Use, Warehouse, Industrial, Medical, Church, Land

Areas Served: CA

Licenses: RE Broker CalBRE License No. 01889802, NMLS ID 337721

Lending Guidelines for TaliMar Financial

Below are the general loan guidelines published on the TaliMar Financial website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by TaliMar Financial.

Loan Example 1

Albert closes on a $300,000 renovation project in Los Angeles, CA, using a fix and flip loan from Tali Mar Financial. The borrower will be required to contribute 50% of the purchase price in cash to closing based on a 50% loan-to-value set by the lender. This makes the principle note from Tali Mar Financial $150,000. The interest rate on the note is 9% for a length of 18 months and the lender requires a two point origination fee at the closing. The interest payments are to be paid monthly and the principle will be repaid after the property sells.

According to the parameters of the deal, Albert will need to contribute a $3,000 origination fee in addition to 50% of the purchase price, or $150,000, since there is a 50% LTV. The lender will collect $1,125 in monthly interest payments from the borrower. This is computed by taking the full note value of $150,000, multiplying by the 9% rate of interest, and then dividing that number by 12. If Albert sells the project for $435,000 after 18 months, he would then make a total profit of $111,750 after subtracting the principle amount of $150,000, the money contributed at closing of $150,000, the origination fee of $3,000, and the total interest payments of $20,250. This profit doesn't include remodeling costs.

Loan Example 2

Dwayne finds a property in Los Angeles, CA to rehab and re-sell. Because he does not have enough cash to buy the property outright, he takes a fix and flip loan from Tali Mar Financial with the following parameters:

$290,000 sales price
75% loan to value (LTV)
18 month term
11% interest rate
3% origination fee

Dwayne plans to list the property when the note expires for $362,500. If he accomplishes his goal, the final numbers will be as follows:

$362,500 sales price
- $217,500 principle on note (75% LTV)
- $72,500 down payment (25% on 75% LTV)
- $6,525 origination points (3% of the $217,500 principle amount)
- $35,888 interest payments (18 months x 11% interest)
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= $30,088 gross profit (doesn't include taxes or renovation costs)