Short term loan in Pleasant Hill for the Acquisition of a single-family residential property. Our borrowers used Rubicon to make a stronger offer on the purchase. They intend to pay off Rubicon after the sale of their Orinda, CA property. Loan Amount: $1,575,000 Loan Term: 11 months CLTV: 50% Loan Position: First on Subject Property, 2nd position on Additional Collateral
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