Cash Out for Business Purpose Loan in Livermore, CA

Recently Rubicon Mortgage Fund, LLC funded a hard money loan of $1,800,000 on a combination of Two Separate Single Family Residences and a Commercial Condominium located in Livermore, CA. The purpose of this loan was Cash out for Business Purpose.  Rubicon’s loan to value was 60%.  The borrower found Rubicon Mortgage Fund to be much more competitive than venture capitalists for the money they invested in their business.