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