$800,000 Fix and Flip Loan, Alamo, CA
Loan Amount:Â $800,000
Loan Term:Â 12 Months
LTC:Â 62%
Loan Position:Â First Position Deed of Trust
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Successful Fix and Flip Acquisition in Alamo, California with Rubicon Mortgage Fund
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At Rubicon Mortgage Fund, we are thrilled to announce the successful closing for an acquisition of a prime fix and flip loan in Alamo, California. This transaction stands out not only because of the excellent deal but also due to our ongoing relationship with the buyer. As a repeat client, the familiarity and trust we’ve built facilitated a swift and seamless closing process.
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One of the key factors contributing to this smooth transition was the local presence of the developer. Having a seasoned developer in our backyard allowed for streamlined communication and coordination, ensuring every step was executed efficiently.
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The strategic plan for this fix and flip loan is clear: renovate, list, and sell within six months. The property’s prime location, just two blocks away from the prestigious Round Hill Country Club, significantly boosts its market appeal. We are confident that this advantageous positioning will expedite the sale, making our exit strategy a straightforward and profitable one.
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We are proud to share that this deal was closed in an impressive seven calendar days, a testament to our team’s expertise and dedication. At Rubicon Mortgage Fund, we continue to prioritize speed, reliability, and strong client relationships, ensuring successful outcomes for all parties involved.
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Partner with Rubicon Mortgage Fund and experience the benefits of working with a trusted private money lender.
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