Acquisition Loan in the Heart of Downtown Lafayette

Rubicon funded $1.330M towards the purchase of Free Standing Building in Lafayette. Borrower saw tremendous investment opportunity and needed to act fast. This building is zoned for Residential and Commercial and can be developed into 6 or more units: all Residential, all Commercial or Mixed-Use. A sweet property. Loan to cost is 70% and term is 2 years. Loan secured in 1st position Deed of Trust.