$375,000 Acquisition in Stockton, CA
Rubicon Mortgage Fund recently funded a 12-unit apartment building acquisition in Stockton. This loan is uniquely cross-collateralized with another property, a non-owner-occupied single-family...
Short-Term Loan
Short-Term Loans allow Borrowers to purchase their new property before selling their existing property. By using a Short-Term Loan, Borrowers will use their existing property as additional collateral to make an extremely competitive offer, and possibly even purchase the new property with no down payment. Rubicon Mortgage Fund can offer up to a 60% Loan using the combined value of the 2 properties, subject to Rubicon’s internal valuation.