RCN Capital Blog

Take A Look At This Property in Amityville, NY!

Written by RCN Capital | Jul 30, 2021 4:00:00 AM

Repeat borrower looking to refinance debt on 6 properties and put a cash-out to fund other investments. Collateral generates a combined total of $19,200 per month in rents. Properties appraised for a combined $2,276k As-Is. Sponsor on the loan has good credit of 730 with bank statements upwards of $152k in assets/liquidity. Total loan amount is 75% LTV.