Alexis Trice

How Are Millennials Shaping the Real Estate Market?

In March, the U.S. Census Bureau Housing Vacancies and Homeownership report revealed that the homeownership rate for 25 to 34-year-olds has increased from 36.5% in Q4 of 2018 to 37.6% in Q4 of 2019 (CoreLogic). This age group, also recognized as Millennials, are actively changing the housing market as a whole and has quickly become …

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Check Out This Long-Term Rental In Mesquite, Texas!

A repeat borrower and experienced investor is looking to refinance existing debt on a subject property and cash-out to fund other investments located in Mesquite, Texas. The project is a Single-Family Residential (SFR) rental that is currently leased for $1,975 per month, which falls in line with the appraiser’s estimate of market rent. Overall, the …

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Don’t Miss This SFR Purchase In Atlanta, GA!

An experienced borrower and realtor who lives and rehabs in her local market of Atlanta, GA is looking to purchase a Single-Family Residential (SFR). The borrower  is under contract to purchase this Single-Family Residential (SFR) equal to the As-Is Value for $130,000. After adding $110,000 in renovations, the property will have an After-Repair Value (ARV) …

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Look at This Refinance in Clarksville, Tennessee!

An experienced borrower was looking to utilize the 30 Year Long-Term Rental (LTR) program to refinance a ranch style Single-Family Residential (SFR) project in Clarksville, Tennessee. The borrower initially purchased the project for $30k in December 2019. This property has been appraised for $150k As-Is. As a result, RCN Capital was able to provide the $56k …

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