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June 29, 2022

$525,000 Acquisition in Sacramento, CA

Rubicon funded this $525,000 Hard Money Loan in California towards the acquisition of this retail building located in Sacramento, CA. The borrower needed a quick close and streamlined process. The building is currently being occupied by the seller who will lease back after the sale.  

 

Loan Amount: $525,000

LTC: 60%

Loan Position: First Deed of Trust

Previous deal $500,000 Cash-out in Fremont, CA Next deal $1,900,000 Short Term loan in Lafayette, 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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