Stockton, CA

$405,000

Multifamily

Purchase

12/05/2017
Transaction by
Rubicon Mortgage Fund, LLC
Rubicon Mortgage Fund funded $405K to a real estate investor who purchased a 7-unit multifamily property in Stockton. The property includes seven 2-bedroom units with each having it's own garage. The loan to cost was 60% and term of loan is 1 year. Rubicon holds the first deed of trust.