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
