---
title: A Funded Flip in Magnolia, TX!
description: Borrower is a highly experienced repeat investor under contract to acquire the subject property located in Magnolia, TX for $340K with intentions of spendi
---

[RCN Capital Blog ](https://rcncapital.com/blog)

# [A Funded Flip in Magnolia, TX!](https://rcncapital.com/blog/a-funded-flip-in-magnolia-tx)

 Written by [RCN Capital](https://rcncapital.com/blog/author/rcn-capital) | 5:00 AM on February 1, 2023

Borrower is a highly experienced repeat investor under contract to acquire the subject property located in Magnolia, TX for $340K with intentions of spending $243,517 on renovations before listing the property to hold/refinance. Subject is an SFR and appraised for $479K As-Is and ARV of $723K evidences a ROI for borrower of 21.78%. Sponsor with mid score of 693 and bank statements reflect sufficient assets. Initial advance 66.60% LTC & 47.30% LTV. Total loan amount 65.00% of ARV.

[View full post](https://rcncapital.com/blog/a-funded-flip-in-magnolia-tx)

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