Orinda Bridge Loan

A family in Oakland had outgrown their lovely home and found the perfect house in Orinda. Their challenge was they still owned their Oakland home and the Orinda home was primed to sell fast. Coming to Rubicon for a $1.2M bridge loan solved the dilemma. Term of loan is 6 months and the combined LTV is 65%.

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Industrial Warehouse Purchase in Richmond

Sporting a 10,000 square foot lot, over 7,200 square foot of building space and a modern exterior, an industrial warehouse in Richmond came on the market. Borrower needed $800,000 to complete the $1.25M purchase. Meeting Rubicon’s Loan to cost ratio of less than 65%, the 2 year loan met RMF’s internal evaluation. Zoned for manufacturing and close to I-80 freeway.

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Palm Springs Acquisition

The trustees of a revocable trust wanted an investment purchase to add to their portfolio. Coming to Rubicon Mortgage Fund for $400,000 - which RMF funded - allowed them to complete the acquisition. The single family residence had been a successful vacation rental in the past and borrowers plan to do the same. Located in the Racquet Club Estates, the location is one of the most desirable hip mid-century neighborhoods in Palm Springs! Loan term is 12 months and the loan to cost is 62%.

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Commercial Buildings Purchased in Berkeley

Rubicon funded a $1.7M loan for a business investment purchase in Berkeley. The properties consist of a total of 4 buildings on 2 lots. Three of the buildings are located on one street and the 4th building is owned by borrower (with no debt) and used as cross collateral for the loan. The combined loan-to-value is 60%. Rubicon holds the 1st Deed of Trust on all for the 1 year loan.

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East Palo Alto Refi

Borrower had 2 Single Family Residences in East Palo Alto that were prime for a fix-and-flip. Needing $700,000 to finance the projects, he came to Rubicon for a cash-out refi. RMF funded the loan for a 2 year term. The combined loan-to-value is 60%.

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Multi-Family Apartment Investment

Borrower used existing 250-unit apartment complex in San Andreas as cross collateral for this loan. Rubicon funded $420,000 to help borrower complete his purchase of a 7-unit multi-family unit in Lodi and add to his investment portfolio. The combined loan to value was under 40% and the loan term is 12 months.

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Heart of Orinda Purchase

A 2-story retail commercial building with over 6,300 square feet of leasable space was available in the heart of Orinda. Borrower came to Rubicon for a $1.325M loan to complete the purchase near theatre square. The loan to cost was 62% and the term is for one year. A prime business acquisition investment opportunity.

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El Sobrante Fix and Flip

A single family residence prime to fixed up and sold was the focus of this loan. Borrower needed $300K that Rubicon funded to complete the business purpose refinance. Length of loan is 9 months and Rubicon’s LTV is 60%.

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Bridge Loan Alamo and Walnut Creek

Needing more space for their growing and active kids, borrowers found a larger-sized SFR at the end of a cul-de-sac in Alamo - a stone's throw from elementary school! The challenge was family still lived in their current home in Walnut Creek. Rubicon provided the bridge loan of $850K to transition the borrowers from one home to the next. Loan term was 6 months and borrower paid off loan once sale of Walnut Creek home was sold. The combined LTV was 65% and kids are all settled to start the new school year.

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Orinda - 3 Business Day Close!

In the Heart of Glorietta in the Orinda Hills, borrowers found a sweet property nestled among oaks and greenery to flip and fix. Needing $650K to purchase this outdated single family residence, RMF funded the loan for a 6 month term. Loan to cost is over 70% and Rubicon got the deal done in 3 business days!

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Santa Cruz Reverse Exchange

Borrowers needed 6 month loan to complete the purchase and reverse exchange involving  a classic beach house a short walk to the beach in Santa Cruz and a Mountain View SFR. Rubicon came through with the $700K loan needed to complete this transaction and get the borrowers the beach cottage just in time for summer. The combined loan to value on these great properties was 55%.

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Purchase of Light Industrial Building in San Jose

The acquisition for borrowers consisted of flex/light manufacturing with detached home/office with a combined 23,000 of square feet. The combined loan to value of 60% Rubicon's $2.5M loan consisted of using mixed-use building on 1st Street in downtown San Jose. Loan term is 1 year on this investment acquisition.

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San Francisco/Lafayette Bridge Loan

A dream house found! Borrowers who lived in San Francisco in a lovely victorian found a gorgeous and new farm house in Lafayette with plenty of space indoors and out. Rubicon funded $2.85M to complete this bridge loan of 10 months quickly. Combined loan to value at 55%.

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Multi-Family Apartment Building Acquisition

A 4-story, 28-unit  building in San Leandro with over 22,500 square feet of rentable residential space required a loan of $4.2 Million Dollars. RMF funded this acquisition and improvement project for borrower's investment purposes. Term of loan is 1 year and the loan-to-cost is 63%

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Santa Clara County Refinance

Owner of a Light Manufacturing Industrial Facility in Milpitas needed a $350,000 refinance loan to payoff existing debt. The Loan to Value on this 8,100 square foot, single story building is 30%. Loan term is for 24 months.

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Reverse Exchange in Palo Alto

A cash-out refinance to fund a reverse exchange was the focus of this deal. Borrower needed $2.81M cash out from two single family residences in leafy Palo Alto. One of the properties is a 7-unit multi-family SFR. The combined LTV is 50% for this 24 month loan. Purchase property is in Menlo Park.

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Palo Alto 7-unit SFR Refi

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Palo Alto SFR Refi as Part of Reverse Exchange

Hayward Industrial Warehouse Purchase

An over 10,500 square foot, free-standing building in Hayward was on the market and borrower came to Rubicon for $1.15M to seal the purchase on this investment property. Warehouse has office space of over 6,700 square feet with 15 parking spaces. The loan to cost on this deal was 62% and term is for 1 year.

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Service Station Acquisition in Ripon

A long-term tenant along with two other investors will grow their mechanics business along with the newly acquired gas station and convenience store (with great cash flow) all located on one lot. Borrower needed $1.7M to complete purchase of this commercial retail property. Using two free-and-clear single family residences in Chowchilla and Ceres as cross collateral, Rubicon funded the loan for 12 months. The combined loan to value is 50% and RMF has 1st Deed of Trusts.

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