Borrower is an experienced real estate investor in Connecticut with 8 verified projects previously completed. RCN was able to provide a 12-month loan at 80% LTV and the investor is planning on spending $49k on renovations before listing the house for sale. Once the project is complete the investor is anticipating a 62% return-on-investment. Total loan …
Borrower is an experienced real estate investor and foreign national with five verified projects under his belt. RCN was able to provide a 12-month loan at 51% of the After-Repair Value and the investor is planning on spending $78k on renovations before listing this house in Chicago, Illinois for sale. Once the project is complete …
In real estate investing, particularly fix and flip investing, choosing the right property to invest in can determine if the project will be a profitable flip. So before selecting a property to invest in it’s important to know what the value of the home will be after renovations, or the After Repair Value (ARV). What …
What is the After Repair Value in Real Estate Investing Read More »
Alright, you’ve done all the hard work and completed your latest fix and flip project. You’ve checked all the boxes on your rehab list, and it’s time to list the property for sale. But, before you do, follow these four home staging tips and tricks to sell the flip quickly so you can get started …
Four Home Staging Tips for Your Next Fixer Upper Read More »
RCN Capital achieved a record-setting year in 2017, including having The Mortgage Executive Magazine name two of our Loan Officers on the Nation’s Top 1% of Mortgage Originators List. Mortgage Executive Magazine compiled the most comprehensive list of The Nation’s Top 1% of Mortgage Originators. To be eligible for such an achievement, each Loan Officer …
Top 1% Loan Originators in the Country for 2017 – Mortgage Executive Magazine Read More »
RCN Capital is proud to announce that once again the company is the Program Book Sponsor for the 35th Regional Conference of MBA’s at the Harrah’s Resort and Convention Center in Atlantic City. The Residential Lending Program, which takes place from March 27th through March 28th, will provide mortgage lenders with a combination of quality …
RCN Program Book Sponsors of Regional Conference of MBAs Read More »
Many real estate investors are seeing an increasing demand to add technological or “smart” upgrades to their projects. This is attributed to both an increase in desire from prospective tenants or homeowners and to the additional value, these smart upgrades add to the properties. According to Consumer Reports, smart home features can boost your home’s …
Benefits of Adding Smart Tech Upgrades to Your Next Investment Property Read More »
A Team from RCN Capital will be traveling to Nashville for the 2018 Single-Family Rental Summit hosted by the Five Star Conference. The Single-Family Rental (SFR) Summit’s goal is to provide networking and educational speaking sessions to address a marketplace that is often misunderstood. The SFR Summit’s speakers will lead discussions and training sessions related …
RCN Capital Attending Single-Family Rental Summit Read More »
RCN Capital is sponsoring the 45th Pitbull National Hard Money Conference in Scottsdale, Arizona. The event which is taking place March 14th to 15th at the We-Ko-Pa Resort and Conference Center is a one of a kind experience for hard money lenders and brokers. The Pitbull Conferences are recognized as the ultimate resource for networking …
RCN Capital Attending & Sponsoring 45th Pitbull Conference Read More »
Perfect! You’ve successfully purchased your fixer-upper project and it’s time to get to work. The financing is in line, the contractor and his team are ready and you have a timeline to stick to. With all this in mind, many forget about one little factor; the neighbors. When the project is complete and it comes …
How to Be Considerate of Your Neighbors During a Renovation Read More »
© RCN CAPITAL 2019
RCN Capital, LLC is licensed as a California Finance Lender under Department of Business Oversight license number 60DBO-46258. Arizona Mortgage Banker License BK-0932325. Oregon Mortgage Lending License: ML-5571. NMLS Company ID: 1045656
