Are you going to be in the greater Phoenix area from October 15th through the 17th? Come and find RCN Capital at LOSummit 2023! This 3-day event will be held at the Arizona Grand Resort & Spa with a networking event the first night to kick off the summit. The LOSummit is where you can …
Rental properties are a great way to invest your money and grow your wealth over time. The rental income they provide and the potential for property appreciation typically leads to solid returns for investors. If you are invested in rental properties or have been considering adding a rental property to your portfolio, you will need …
Borrower looking to rate/term refinance on subject property and hold it to long term loan. Subject is located in Eden, NC and is currently leased for $1,700 per month which is equal to the market rates per the appraiser’s estimate. Subject appraised for $220K As-Is. Sponsor on the loan has an excellent credit score with …
Borrower looking to purchase the subject property located in Miami, FL and hold it for long-term rental income. Subject was appraised for $415k As-Is and a CDA confirmed the value was acceptable. Sponsor has good credit with a mid-score of 740, and bank statements reflect sufficient balance to cover the liquidity. Loan structured and priced …
Repeat Borrowers are looking to Rate/term refinance on subject property located in Abilene, TX to hold for long-term rental income. Subject is a Duplex currently leased for $2,400 per month which is equal to the market rates per the appraiser’s estimate. Subject appraised for $287k As-Is and a CDA confirmed the value was acceptable. Two …
Will you be spending time in Austin this month? Come join RCN Capital for the NPLA Conference! This 3-day event is taking place from the 15th through the 17th at the beautiful Fairmont Hotel, and kicks off with a networking event the first night. The National Private Lenders Conference is the largest private lending conference …
We’re Heading to Austin for the NPLA Conference! Read More »
There’s a way to finance real estate properties that many investors don’t take full advantage of, and that comes in the form of bridge loans. Bridge loans have many different benefits ranging from their quick approval times to their flexible use cases. They can also be used to cover a gap in financing, such as …
How Bridge Loans Can Supercharge Real Estate Investments Read More »
It’s meet the team Monday! Say hi to Mike Lane. Mike has been a Loan Officer at RCN Capital since April, 2022. As an LO at RCN, he’s responsible for evaluating loan scenarios, maintaining client communication, and actively prospecting for new business opportunities. He works closely with his loan processor, ensuring proper documentation and compliance. …
Real estate is a great investment because it’s inherently valuable, which lets it continue to gain value even in times of economic uncertainty. Long-Term Rental Properties also have the advantage of cash flow in the form of rental payments, which can be used to cover monthly expenses and even generate income. The key to owning …
6 Ways to Effectively Manage Long-Term Rental Properties Read More »
Home flipping is a very popular real estate strategy since it provides investors with a great return in a relatively short period of time. It also can generate significant returns when you take the time to conduct your flip with due diligence. Choosing a good property, in a great location, and with the right upgrades, …
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RCN Capital, LLC is licensed in AZ (License #: 0932325), CA (Loans made or arranged by RCN Capital, LLC pursuant to a California Finance Lenders Law license # 60DBO-46258), MN (MN-MO-1045656), and OR (ML-5571). Please visit www.nmlsconsumeraccess.org for more licensing information.
This is not an offer to lend. All offers of credit are subject to due diligence, underwriting and approval. Not all borrowers will qualify and not all borrowers that qualify will receive the lowest rate or best terms. Actual rates and terms depend on a variety of factors and are subject to change without notice.
