RCN Capital Blog

Have You Seen This Property in Jamaica, NY?

Written by RCN Capital | 5:00 AM on January 3, 2022

New client under contract to purchase this two-family in NY. The property appraised equal to the purchase price and is in average condition. No issues with credit or background and good liquidity. The loan amount is 80% of the purchase price and the deal has a 1.31 DSCR.