RCN Capital Blog

Have You Seen This Fix & Flip in Bellwood, IL?

Written by RCN Capital | 5:00 AM on March 11, 2022

Experienced borrower looking to fix and flip this property in Bellwood, IL. Borrower purchased the property cash. Was initially going to finance the purchase with RCN but was not able to close due to late appraisal. 60% LTV, 100% of rehab, up to 55% of ARV. Exit strategy sell.