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March 16, 2021

$750,000 Reverse Exchange in Brooks, CA

Rubicon’s loan enabled the borrower to complete their Reverse 1031 Exchange and purchase the property in Brooks, CA.

This loan included a house in San Francisco as additional collateral.

Rubicon had a hard 7 business day deadline to meet for the close and funded in time.

Loa Amount: $750,000

Loan Term: 6 Months

Loan Position: 1st Deed of Trust

Combined LTV: Under 50%

 
125 Chester Avenue

Ready to fund your next deal?

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.

(925) 283-8919