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October 19, 2022

$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.

LTV: 50%

Loan Position: 1st Deed of Trust

Previous deal $1,500,000 Short Term Loan in Rancho Mirage, CA Next deal $1,100,000 Refinance in Oakland CA
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