A reverse 1031 exchange occurs when property owners purchase a property prior to selling a property that they want to capture a tax advantage via a 1031 exchange. Normally in 1031 owners sell a property first before purchasing one.  

 In a reverse exchange, a qualified intermediary takes title on the property, which leads to owners having difficulties finding lenders. Conventional lenders often don’t want to get involved for several reasons.

Since Rubicon is a private direct lender and we don’t have the restrictions of banks 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 additional collateral (pictured below). 2^nd Deed of trust on a second additional collateral property (pictured at the bottom of the page)

CLTV: 60%