“What is your primary real estate investing strategy?’
“What property types do you primarily invest in?”
“What is your main source of funding for purchasing and/or renovating your investment properties?”
“What sources do you use to find and buy properties?” Thanks to our cooperative borrowers, we received a great response to the survey which allows us to have a better understanding of our borrower’s real estate investing process. We learned that 57% of our borrowers intend to purchase property to fix and flip, while only 15% purchase a property to hold as a rental. Also, the majority of fix and flip investors complete between 2 to 4 flips a year, with a close second majority completing 6 to 10 flips over the course of a year. Overall, RCN Capital's 2016 Real Estate Investing Survey was used to gather more information on our customers' real estate investing habits over the past year. We hope to use this data to improve our loan programs and our business throughout 2017.
You can view the full reports below:
Real Estate Investing: General Investor Habits
Real Estate Investing: Fix & Flip Investor Habits
Building a Stronger Future—Together
At RCN Capital, we believe in keeping our partners informed on the milestones and developments that continue to shape our business. As we grow and expand, our focus remains firmly on supporting the success of third-party originators like you. Whether you're a seasoned broker or a new affiliate, we’re here to help you close more deals with competitive programs and dedicated service. Connect with us today to discuss how we can help you grow your real estate lending business.
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