$1,175,000 Short Term Loan in Walnut Creek, CA

• Rubicon provided a Short Term Loan to enable borrower to purchase the subject property (above) before selling the existing property (below).
• Upon sale, the proceeds will go towards paying off Rubicon’s loan.
• Loan Term: 9 Months
• Loan Position: 1st Position on Purchased Property, 2nd Position on existing property.
• CLTV: 60%