LOAN PROGRAMS

RCN Capital offers short-term and long-term financing options for real estate investors. Whether you or your clients are looking to fix & flip properties or hold properties for rental income, RCN has flexible options that suit your needs.

Final loan terms may vary based on loan types, verification of application information, and other risk-based factors.

PARTNERS

RCN Capital values building strong partnerships with industry professionals because partnerships drive our success. Learn more about RCN Capital’s Wholesale Lending opportunities, including the Broker Referral Program and the Correspondent Lending Program.

ABOUT

RCN Capital is a nationwide private, direct lender. Established in 2010, we provide retail and wholesale lending options for short-term fix and flip financing, long-term DSCR financing, and ground-up construction financing for real estate investors.

Resources

RCN Capital provides a variety of resources that can help you on your lending journey. Find business partners that can help solve any investing problem, learn more about our processes and get answers to the most frequently asked questions.

Building Your Rental Portfolio with Multi-Family Properties


If you're interested in building a rental portfolio, multifamily properties can be a great way to start. Not only do they offer multiple units to rent out, but they can also provide a steady stream of income for years to come. However, investing in multi-family properties requires a different approach than investing in single-family homes. Here are some tips to consider when building your rental portfolio with multifamily properties.

Determine Your Investment Strategy

When thinking about investing in multi-family properties, deciding your investment strategy is an essential first step. Your decision-making process can be influenced by knowing whether you are aiming for a long-term hold or a quick return. For instance, if you're looking for a long-term investment, you might want to concentrate on real estate in locations with high demand for rentals and significant long-term growth potential. On the other hand, if you want to flip the property quickly for a profit, you might want to concentrate on homes that require renovations but that can be done swiftly and simply for a sizable return on investment. Knowing your investment plan will enable you to choose the multifamily properties that best meet your objectives.

Evaluate the Property

When making an investment in multifamily properties, evaluating the property will help you determine your potential return. Among the most crucial considerations is location. A home with easy access to amenities and transportation will probably have a higher potential for rental revenue. The general state of the property and any possible renovations that might be required should also be considered. It's also critical to consider the costs related to the home. Taxes, insurance, and upkeep are all included in this. You can precisely calculate your potential return on investment and make sure the property is a wise investment by being aware of these costs.

Build a Team

A key component of investing in multifamily properties is assembling a team of experts. A property manager can help with day-to-day management of the property, including tenant screening, fee collection, and maintenance, whereas a real estate agent can assist with finding and evaluating prospective properties. Finally, any repairs or renovations that are required for the house can be assisted by a contractor. Having a trustworthy team in place can help you save time and money while ensuring the success of your venture. It's crucial to select team members who have expertise and experience in their respective areas to assist you in making investment decisions.

Secure Financing

Securing funding is critical when investing in multifamily properties. Because financing options for multi-family properties can be more complicated than those for single-family homes, it's critical to do your homework and shop around for the best rates and terms. Furthermore, a thorough understanding of the financing process, including the various loan types and their requirements, is essential. Working with a knowledgeable lender can help you manage the financing process and ensure you get the funds you need to make a profitable investment in a multi-family property.

Focus on Property Management

Owning a multifamily property requires a strong focus on property management. As an owner, it's important to have a solid property management plan in place to ensure that your tenants are happy and your property is well-maintained. This includes tasks such as collecting rent, addressing tenant concerns, and handling repairs and maintenance. By focusing on property management, you can ensure that your investment is well-protected and that your tenants are satisfied. A well-managed property is also more likely to attract new tenants and retain existing ones, which can lead to a more profitable investment over time.

Consider Value-Add Opportunities

The importance of value-add opportunities should be considered when looking for multifamily properties to invest in. These are chances to improve the property and raise the total dollar value of your investment. Properties that need renovations or upgrades to increase rental revenue can be considered value-add opportunities. For instance, you might come across a home with outdated fixtures or appliances that you can replace to boost the rental revenue. You can increase the property's overall value and maximize your return on investment by recognizing these chances and making the required improvements.

RCN Capital

RCN Capital offers short-term and long-term financing options for real estate investors. Whether you are looking to fix & flip properties or hold properties for rental income, RCN has flexible options that are suited to your needs.Connect with us todayto discuss your next real estate investment.