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  • BORROWERS
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  • BORROWERS
    • Borrowers Information
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    • Commercial Bridge Loan
    • Loan Forms
  • BROKERS
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    • Current Loan Portfolio
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    • About Rubicon
    • What are Private Money Lenders?
    • Follow Rubicon on Linkedin
    • FAQs
    • Contact Us
Contact
  • BORROWERS
    • Borrowers Information
    • What is an Asset Based Loan?
    • Commercial Bridge Loan
    • Loan Forms
  • BROKERS
  • INVESTORS
    • Investor Information
    • Current Fund Members
    • Investor Forms
  • DEALS
    • Current Loan Portfolio
    • Blog
  • OUR TEAM
  • ABOUT
    • About Rubicon
    • What are Private Money Lenders?
    • Follow Rubicon on Linkedin
    • FAQs
    • Contact Us
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Logo-transparent-1
  • BORROWERS
    • Borrowers Information
    • What is an Asset Based Loan?
    • Commercial Bridge Loan
    • Loan Forms
  • BROKERS
  • INVESTORS
    • Investor Information
    • Current Fund Members
    • Investor Forms
  • DEALS
    • Current Loan Portfolio
    • Blog
  • OUR TEAM
  • ABOUT
    • About Rubicon
    • What are Private Money Lenders?
    • Follow Rubicon on Linkedin
    • FAQs
    • Contact Us

$1,900,000 2-unit Acquisition San Francisco, CA

Rubicon Mortgage Fund facilitated the financing for a 2-unit Acquisition in San Francisco. The borrower, a seasoned client with a history of successful transactions totaling over six with Rubicon, contributed to an expedited closing process, completed within a single week. Despite the expeditious nature of the close, a delay in finalizing the transaction occurred, attributable to the San Francisco County Recorder’s office. The county rejected seller documents on five occasions over a span of two days before our escrow officer successfully engaged with a representative, facilitating a thorough review and resolution of the submitted transaction and documents. Leveraging a rental property as additional collateral, the borrower secured the necessary down payment for this transaction. The intended exit strategy for this 2-unit Acquisition in San Francisco involves comprehensive renovation and redevelopment of the property to optimize its market value for subsequent sale.

 

Loan Amount: $1,900,000

Loan Term: 12 Months

CLTV: 55%

Loan Position: First Position Deed of Trust

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Loans will be made or arranged pursuant to the California Financing Law.

Rubicon Mortgage Fund, LLC
CFL 6053884
Rubicon Realty Advisors, Inc.
CFL 6053885
NMLS ID: 225729
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Loans will be made or arranged pursuant to the California Financing Law.

Rubicon Mortgage Fund, LLC, CFL 6053884
Rubicon Realty Advisors, Inc., CFL 6053885
NMLS ID: 2257291

3575 Mt. Diablo Blvd.
Suite 215
Lafayette, CA 94549

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