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May 23, 2022

$3,200,000 Reverse 1031 in Kensington, CA

Rubicon recently funded a $3,200,000 Reverse 1031 Exchange. The exchange involved two non-owner-occupied homes. One home is in Fremont, CA (relinquished property) the other home is and Kensington, CA (new purchase).  Reverse Exchange financing can be difficult to obtain. Rubicon was able to creatively structure a loan that allowed the borrowers the opportunity to perfect their exchange.

 

Loan Term: 12 Months
Loan Position: First Deed of Trust on both properties

Rubicon is actively funding loans throughout California. Reach out to someone from our team or call our office directly for all your private lending needs.

Ready to fund your next deal?

Rubicon Mortgage Fund, LLC is California's premier direct private money lender for commercial real estate. In-house underwriting. No appraisals. Initial response typically within 24 hours.

(925) 283-8919