$1,900,000 Acquisition in Brentwood, CA

Funded by Rubicon Mortgage Fund, LLC

Brentwood, CA

$1,900,000

Agricultural, Single Family Residence

Purchase

09/20/2021
Transaction by
Rubicon Mortgage Fund, LLC
Our borrower contacted us looking to purchase an investment property contiguous with another property they own. Rubicon structured a loan to finance the purchase of this 5,266 SF home situated on 10.5 acres. Rubicon crossed into the second property for additional collateral. Borrower intends to keep both properties as investments and to begin renting out the new property. Loan Term: 2 Years Loan Position: 1st Position Deed of Trust on subject property, 2nd Position Deed of Trust on additional collateral LTV: 60%