$600,000 Investment Acquisition in Sacramento

Borrower leveraged Rubicon to negotiate a lower purchase price in lieu of a quick close. The property is leased to a tenant who is occupying the space as his used car business. Borrower is working to refinance as an exit strategy.

Loan Amount: $600,000

Loan Term: 24 months

LTV: 50%

Loan Position: 1st Deed of Trust