In a reverse 1031 exchange, borrowers buy a replacement property prior to the sale of their existing property. Â
In a reverse exchange, a qualified intermediary takes title on the property, which leads to borrowers sometimes having difficult time getting a loan from a conventional lender.Â
Since Rubicon is an asset based lender, we can provide our clients with the funds needed to acquire their replacement property and complete their exchange in a short period of time.Â
Loan Term: 6 Months
Loan Position: 1st Position Deed of Trust on both purchase property (pictured above) and 1st Position Deed of Trust on existing property (pictured below)