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.
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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.
View RCN Capital’s Curated Network of Trusted and Reliable Vendors to Streamline Your Real Estate Business.
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.
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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.
If you’re on a strict budget or looking out for a good investment property, foreclosed homes can be an appealing choice. But, there are five steps you can take to protect the investment and avoid future issues.
View the Home in Person: Take a close look and take a tally of how much you will need to spend on improvements. The landscape and outward appearance is a telltale sign of how long the house has been vacant.
Winter Vacancy: If the house has been vacant during the winter months, ensure that it’s been winterized to avoid tens of thousands in plumbing repairs.
Neighborhood Walk: Walk around the neighborhood to determine its “health”. If you’re planning on flipping it, do their homework by looking for a safe established or “up & coming” neighborhood with similar homes on the street in well-kept condition.
Hire an Inspector: An inspector who is looking out for your interests has a trained eye which can point out latent defects not visible to the naked eye. I would strongly suggest a termite inspection as well. The inspector’s charge of about $400-500 is well worth the cost as knowledge is power. It could save you thousands in the short term.
Realtor on Your Side: If you have your trusted realtor by your side, she can provide you with an up to date market analysis. Having local market data in hand should help you make an informed decision.
Go into buying a foreclosure with your eyes wide open.