$600,000 Investment Acquisition in Sacramento
Borrower leveraged Rubicon to negotiate a lower purchase price in lieu of a quick close. The property is leased to a tenant who is occupying the space as his used car business. Borrower is working...
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.