$525,000 Acquisition in Sacramento, CA

Rubicon funded this $525,000 Hard Money Loan in California towards the acquisition of this retail building located in Sacramento, CA. The borrower needed a quick close and streamlined process. The building is currently being occupied by the seller who will lease back after the sale.  

 

Loan Amount: $525,000

LTC: 60%

Loan Position: First Deed of Trust