$450,000 Cash-out Loan in San Francisco, CA
Rubicon recently funded a cash-out loan secured by a 3,358Âą SQ FT retail property located in San Francisco. The borrower has operated the restaurant at this location for 17 years and purchased the property one year ago for $1,450,000 cash. The borrower also owns multiple other restaurants in the Bay Area.
Borrower quote: “From beginning to end, every interaction with every team member at this business was top notch, knowledgeable, warm and professional. They took care of me during a very stressful loan process when I was on a hard deadline to borrow lots $$$. Can’t recommend these folx enough! Also, Casey was the best!” (BB)
Loan Amount: $450,000
Loan Term: 12 Months
Loan Position: First Deed of Trust
Loan-to-Value: 35%
To learn more about our loan process, click here.
