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July 6, 2021

$950,000 Short Term Loan in Oakland, CA

  • Rubicon offered a short term short-term loan, allowing for borrower to purchase this Oakland property while waiting to sell their Richmond property.
  • Loan Term: 6 Months
  • Loan Position: 1st Deed of Trust on purchase property, 2nd Deed of Trust on existing property.
  • LTV: 55%
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Previous deal $875,000 Cash-out in San Francisco, CA Next deal $5,000,000 Refinance / Cash-out in San Francisco, CA
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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.

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