$590,000 Acquisition in Walnut Creek CA
$590,000 Acquisition in Walnut Creek CA. Borrower needed a short-term loan to purchase an apartment in Walnut Creek (pictured above) while they wait to sell their Berkeley unit (pictured below)....
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.
$400,000 Acquisition in Walnut Creek, CA
An investor looking to buy property in California needed a short term loan to complete the acquisition of this investment property. This property is non-owner occupied and will be used as a...
$4,652,800 1031 Exchange in Stockton, CA
This loan was part of a 1031 Exchange for the purchase of a 38-unit, 38,000± square foot apartment building. Our borrower needed to complete their 1031 Exchange to meet a deadline and Rubicon...
$1,100,000 Refinance in Oakland CA
This property is home to a 5,930 SF Industrial Warehouse located in Oakland. Property is currently vacant and the owner’s intent for the property is to lease it to a new tenant.Loan Amount:...
$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...