Single-Family Residential

Loan Amount: $163,337

Property Type: Single-Family Residential

Loan Type: Fix and Flip

Loan Term: 12-Months

Repeat investors with RCN were looking to pull cash-out of a property to renovate a new property as a fix and flip investment. The investors plan to spend $25k on minor renovations before listing the home for sale. Once the work is competed the investors are anticipating a 24% return on investment.