$410,000 loan on Duplex in Napa, CA
Rubicon Mortgage funded this loan for $410,000 in Napa, CA. Borrower made this purchase as an investment acquisition.
Borrower owns a successful Mexican restaurant in Napa, CA and has decided to move into real estate investments after his successful restaurant endeavors. The duplex will be kept and used as a rental.
Loan Amount: $410,000
Loan Term: 24 Months
Lien Position: 1st Deed of Trust