Single-Family Residential

Borrower is an experienced real estate investor and foreign national with five verified projects under his belt. RCN was able to provide a 12-month loan at 51% of the After-Repair Value and the investor is planning on spending $78k on renovations before listing this house in Chicago, Illinois for sale. Once the project is complete the investor is anticipating a 69% return-on-investment. Total loan amount: $122,900