Repeat borrower and experienced investor in the area looking for renovation funds to fix and flip this project. The borrower plans to spend approximately $80k on renovations, prior to putting the house on the market. RCN Capital was able to provide a loan for 61% of the After-Repair-Value of the property and the investor is anticipating approximately a 38%-45% Return on Investment for this project.
Experienced borrower with RCN Capital looking to fix and flip this Multi-Family Duplex. The borrower plans to spend approximately $37K on renovations prior to putting the Duplex on the market. RCN Capital was able to fund a loan for this investor at 62% LTC. Based on the property’s appraised After-Repair-Value, the borrower anticipates approximately a 55% Return on Investment for this project.
Experienced investor and repeat borrower through RCN Capital, looking to acquire the cape style property for a quick fix and flip. Based on the property’s appraised After-Repair-Value, the borrower anticipates a 20% Return on Investment on this project and plans to spend around $41K on renovation costs.
Repeat borrower and experienced investor in the area looking for renovation funds to fix and flip this project. The borrower plans to spend approximately $42K on renovations, on the three separate rental units in the property, prior to putting the multi-family house on the market. RCN Capital was able to provide a loan for 55% of the After-Repair-Value of the property and the investor is anticipating approximately a 56% Return on Investment for this project.
The borrower was looking for final renovation funds to fix and flip this project. The borrower plans to spend approximately $181K on renovations prior to putting the house on the market. RCN Capital was able to provide a loan for 25% of the After-Repair-Value of the property.
For this purchase of a beautiful single-family home the repeat borrower was looking to acquire the property as fix and flip investment. RCN Capital was able to provide a loan for 64% of the After-Repair-Value of the property. The borrower plans to spend about $40K on renovations prior to putting the house back on the market. Based on the property’s appraised ARV, the borrower anticipates a 38% ROI for this project.
The borrower was looking to purchase the single family house to utilize as a rental property. Since the borrower had experience with owning and operating other rental properties, RCN Capital was able to provide a loan for 69% of the After-Repair-Value of the property. The borrower plans to refinance traditionally once this project is complete.
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