$400,000 Cash-out in Oakland, CA Our borrower contacted us in need of cash to purchase a property out of state. Borrower plans to keep property as investment and to refinance with a conventional lender down the road to pay off Rubicon. Collateral property is a 4 story building with work and living units above commercial ground floor units. Loan Term: 1 YearLoan Position: 1st Position Deed of Trust LTV: 60%