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April 7, 2021

Investment Acquisition in Murphys, CA

Borrower used a property in San Ramon as collateral to purchase a 199 acre property in Murphy’s, California. This loan was structured with a short term, as the borrower will bring in cash from another business venture to pay off Rubicon.

Loan Amount: $250,000

Loan Position: 1st Deed of Trust

Loan Term: 12 Months

CLTV: Less than 40%

Previous deal Refinance in Antioch, California Next deal REPEAT BORROWER FINANCING IN BERKELEY, CA
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Rubicon Mortgage Fund, LLC is California's premier direct private money lender for commercial real estate. In-house underwriting. No appraisals. Initial response typically within 24 hours.

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