---
title: Check Out This Property in Rochester, NY!
description: Repeat borrower, already has a tenant in place since 07/01/2021 at $3.9K/month which is higher than the market rent of $2.9K/month. Sponsor has good credit
---

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

# [Check Out This Property in Rochester, NY!](https://rcncapital.com/blog/check-out-this-property-in-rochester-ny)

 Written by [RCN Capital](https://rcncapital.com/blog/author/rcn-capital) | 4:00 AM on October 1, 2021

Repeat borrower, already has a tenant in place since 07/01/2021 at $3.9K/month which is higher than the market rent of $2.9K/month. Sponsor has good credit scores and excellent liquidity to close. Loan is structured at 75% of the as-is value with 5Y IO option.

[View full post](https://rcncapital.com/blog/check-out-this-property-in-rochester-ny)

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