RCN Capital Blog

Don't Miss This Home in Dallas, TX!

Written by RCN Capital | Jun 3, 2022 4:00:00 AM

Borrower is an experienced investor under contract to acquire the subject property for $472,500. Subject is an SFR located in Dallas, TX and is appraised for $675K As-Is. Sponsor has a mid-score of 684 and bank statements reflect sufficient liquidity. Loan structured in accordance with the qualification model. Total Loan amount 70% LTV.