Short-Term Loan for Sacramento Office Building
Last week Rubicon Mortgage Fund provided a $160,000 private money loan for a 4,700 square foot office building in Sacramento, CA at 50% LTV (loan-to-value). Our 1st trust deed hard money loan was...
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 Rubiconâs internal valuation.
Contra Costa County Rental Property Short Term Loan
Several weeks ago Rubicon Mortgage Fund funded a $315,000 short-term loan secured by a 2,100 square foot, vacant single family home located in Martinez, CA. Rubicon has worked with the borrower in...
Short Term Loan for Menlo Park Residential Property Trust Buyout
Rubicon Mortgage Fund provided a $450,000 private money loan for a 1,600 square foot single family home in Menlo Park, CA at 35% LTV (loan-to-value). Our borrower inherited 50% ownership of the...
Short Term Loan for Carmichael Retail Property Purchase
Several weeks ago Rubicon Mortgage Fund funded a $1,430,000 short-term loan for the purchase of a 44,000 square foot retail property in Carmichael, Sacramento County. The property has 3 units,...
Short Term Loan for San Francisco Assisted Living Facility
Several weeks ago Rubicon Mortgage Fund funded a $1,900,000 short-term loan secured by an assisted living facility in the Portola District of San Francisco. The Borrower is a non-profit...