- In a reverse 1031 exchange, borrowers buy a replacement property prior to the sale of their existing property.
- 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.
- 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.
- 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)
- LTV: 60%
