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May 24, 2022

$470,000 Acquisition Loan Pacifica, CA

The borrower is buying the property for their business. Due to poor cash flow. The client was not able to qualify for SBA financing. Client will refinance sometime in year 2.

 

Loan Amount: $470,000

LTC: 62.5%
Loan Position: First Deed of Trust

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.

Previous deal $3,200,000 Reverse 1031 in Kensington, CA Next deal $900,000 Refinance/Cash-out on commercial T.I.C. in San Francisco, CA
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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.

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(925) 283-8919