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The structure are previously filled of the Financial out of The usa for many age

The structure are previously filled of the Financial out of The usa for many age 150 150 Youxel

The structure are previously filled of the Financial out of The usa for many age

$1,900,000

Rubicon Financial Funds, an immediate private money lender, funded a beneficial $step one,900,000 initial lien condition private money loan with the purchase of a two-equipment belongings in the Presidio Levels people out-of Bay area, Ca. We financed 55% of the $step one,975,000 price, due to the fact Borrower contributed 45% within closing. The newest deposit for it purchase are secure because of the leveraging an effective leasing assets given that collateral. This new Borrower, a skilled Visitors that have a track record of profitable transactions totaling over half dozen that have Rubicon, resulted in an enthusiastic expedited closure process, complete contained in this a single day. read more