RCN Capital Blog

A Funded Flip in Flossmoor, IL!

Written by RCN Capital | Feb 3, 2022 5:00:00 AM

Borrower acquiring a loan for a 12 month fix and flip purchase. Property is located in Flossmoor, IL. RCN Capital was able to provide a loan at 70% LTV and the investor is planning on spending $40k on renovations. Once the project is complete the investor is anticipating a substantial Return-On-Investment.