$1,175,000 Bridge Loan in Walnut Creek, CA
- Rubicon provided a Bridge Loan to enable borrower to purchase the subject property (above) before selling the existing property (below).
- Upon sale, the proceeds will go towards paying off Rubicon’s loan.
- Loan Term: 9 Months
- Loan Position: 1st Position on Purchased Property, 2nd Position on existing property.
- CLTV: 60%