An experienced borrower and realtor who lives and rehabs in her local market of Atlanta, GA is looking to purchase a
Single-Family Residential (SFR). The borrower is under contract to purchase this Single-Family Residential (SFR) equal to the As-Is Value for $130,000. After adding $110,000 in renovations, the property will have an After-Repair Value (ARV) of $380,000. This project has a solid ROI of 55.80% that supports the exit strategy of a sale.
The borrower was able to utilize RCN Capital's 12-Month After-Repair Value (ARV) Loan Program to complete this project!