Bridge Loans

Short-term financing for single-family, multi-family & mixed-use properties.

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Looking for Financing for Real Estate Investment Properties?

RCN Capital offer Bridge Loans that provide financing for non-owner occupied 1-4 family, multi-family real estate and mixed-use properties.

Loan Criteria

Collateral:

Non-Owner Occupied 1-4 Family & Multi-Family Real Estate; Condos; Townhomes: 5+ Unit Apartments; Mixed-Use Properties

LTV:

Purchase: Up to 75% of the Purchase Price
Refinance: Up to 72.5% of the As is Value
Cash-Out: Up to 70% of the As Is Value

Term:

12 Months & 18 Months

FICO:

600

Loan Amount:

$50k – $2.5M for 1-4 Family
$250k to $5M for Multi-Family/Mixed-Use

Minimum Property Value:

$75k for 1-4 Family
$50k per Unit for Multi-Family/Mixed-Use

Bridge Loan Program Typical leverage

Purchase-icon

Purchase

Refinance-icon

Refinance

Cash-out-icon

Cash-Out

LTV

The Lesser of Up to 75% of the As-Is Value or Up to 80% of the Loan to Cost

Up to 72.5% of the As-Is Value

Up to 70% of the As-Is Value

Final loan terms may vary based on loan types, verification of application information, and other risk-based factors.

Recent Loans

Our Clients Do Some Amazing Work

Click on a Property to See Successfull Fix & Flip Projects.

Single-Family Residential

New investor with RCN who has invested in over 70 properties was looking for the funds to renovate this 6-unit apartment building. RCN Capital was able to provide a loan at 66% of the After-Repair Value and 100% of the renovation costs. Once the project is complete the investor is anticipating a 25% Return-On-Investment.

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Single-Family Residential

Investor is an experienced flipper who is looking to take on a new project. RCN Capital was able to provide a loan at 75% of the After-Repair Value with 100% of the renovation costs funded. Once the project is complete the investor is anticipating a 10% return on investment.

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Single-Family Residential

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.

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