As Women’s History month comes to a close, there’s no better time than now to look back over the years and see how far women have come in this industry. The real estate industry would not be the same without the many strong and fearless women we all know and work alongside. But like many …
Women in the Spotlight- Celebrating Women’s History Month Read More »
New client refinancing debt on investment property. With ownership of property since October 2020, there is an outstanding balance of $98K. RCN was able to provide a loan amount that is 75% of the As-Is Value. Borrower has excellent credit of 770.
This repeat borrower is an experienced investor adding this duplex for $320k to their existing rental portfolio. This newly constructed duplex is appraised for $325 As-Is. With the borrower already having 1 of the 2 units pre-leased for $1,400 per month and an additional $1,400 per month is estimated on the vacant unit. Sponsor has …
Check Out This Property in Balch Springs, Texas! Read More »
An experience investor came to RCN looking to utilize the Long-Term Rental Program that is offered for a subject property in Florissant, Missouri. They were looking to purchase the subject property with an exit strategy of holding it as a long-term rental. The subject has been appraised for $105k with an LTV of 80%.
Highly experienced investors looking to purchase a subject property in Aston, Pennsylvania came to RCN Capital looking to utilize the 12M Fix & Flip Program. The subject has been appraised for $185K As-Is with an ARV of $280K. The exit strategy for this project is to sell upon completion of renovations.
An experienced (10+) borrower and investor looking to use the Fix & Flip Program that RCN Capital offers for a subject property in Raleigh, North Carolina. They are seeking to purchase and rehab the subject property. The subject is being purchased for $149K with an appraised value of $170K. Following the rehab of $30K, the …
An experienced investor came to RCN Capital looking to utilize the Fix & Flip Program for a subject property in Commack, New York. They are looking to purchase it for $488k and will be adding $50k in renovations before the flip. The project is an SFR appraised for $500k As-Is with an ARV of $610k. …
Amy Bohutinsky is a name you may recognize. Her resume is impressive with years of leadership experience. Her career speaks for itself, but the work ethic she exhibits behind the scenes is what drives her to success. Amy graduated from Washington & Lee University with degrees in journalism and mass communications. After graduation, she …
A repeat client of RCN’s is now looking to refinance another investment property in Fayetteville, North Carolina. This individual has already closed two loans with us, and is looking to utilize RCN’s Long-Term Rental Program for this project. This subject property is a single-family ranch that is currently in good condition and leased slightly above …
Look At This Property in Fayetteville, North Carolina! Read More »
Looking for ways to improve your rental can seem like a never-ending task. With an abundance of options, it may be difficult to pinpoint which avenue to take, or at least begin with. The common thread many can agree upon is the importance of making your rental standout amongst the competition. What’s one way you …
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