REVERSE 1031 EXCHANGE NAPA

Reverse 1031 Exchange in Napa on a single family residential home. Borrower provided a second single family residential property, as well as a vineyard which were secured as additional collateral. Rubicon was able to provide the requested financing at 60 % CLTV.

Loan Amount: $865,000

Loan Position:

1st DT on the purchase property

2nd DT on vineyard

3rd DT on the second SFR

Loan Term: 1 Year