Hayward Duplex Acquisition Loan

Rubicon Mortgage Fund, LLC recently funded a $276,000 loan for the acquisition of this duplex property. This property is in good condition and the borrower intends to keep it as an investment rental property. The borrower will eventually refinance to pay Rubicon off. 

Loan Term: 2 years

LTC: 65%

Loan Position: First Position Deed of Trust