Repeat borrower under contract to purchase a SFR at market price for $350k with intentions to add $45K in rehab. Per Appraiser, an ARV of $460,000 to $480,000 seems reasonable. Sponsor has good credit and excellent liquidity to close the deal. Loan is structured in accordance with the guidelines.
.png?width=234&height=80&name=logo-white-1%20(2).png "RCN Capital"){kind=logo}
