Fix & Flip

Single-Family Residential

Experienced borrower looking for a loan to purchase subject property as a fix and flip investment. RCN Capital provided a loan at 66% of the ARV and the investor is planning on spending $12k on renovations. Once the project is complete the investor is anticipating a 25% Return-On-Investment.

Single-Family Residential

Team of investors were looking for the funds to fix and flip this property. RCN Capital was able to provide a loan at 64% After-Repair-Value and the investors are planning on spending $15k on the minimal renovations needed. Once the project is completed the investors are anticipating a 27% Return-On-Investment.

Single-Family Residential

Experienced borrower and repeat client with RCN looking for a loan to purchase subject property as another fix and flip investment. RCN Capital was able to provide a loan at 75% LTV and the investor is planning on spending $27k on renovations. Once the project is complete the investor is anticipating a 12% Return-On-Investment.

Single-Family Residential

Experienced borrower and repeat client with RCN was looking for a loan to purchase subject property as a fix and flip investment. RCN Capital was able to provide a loan at 57% LTV and the investor is planning on spending $100k on renovations. Once the project is complete the investor’s exit strategy is to sell the property and is anticipating a 20% return-on-investment.

Single-Family Residential

Experienced investor who has a portfolio of over 3 rental properties is looking for a loan to purchase and renovate this property. RCN Capital was able to provide a loan at 53% of the After Repair Value. The investor is planning on spending $44k on renovations before listing the home for sale. Once the project is complete the investor is anticipating a 60% Return-On-Investment.

Single-Family Residential

Experienced borrower and full time contractor is looking to acquire this property as a fix and flip investment.
RCN Capital was able to provide a loan at 63% of the After Repair Value. The investor is planning on spending $87k on renovations before listing the home for sale. Once the project is complete the investor is anticipating a 35% Return-On-Investment.

Single-Family Residential

Experienced borrower and repeat client who has completed over 8 property flips in the last 12 months. RCN Capital was able to provide a loan at 66% of the After Repair Value. The investor is planning on spending $60k on renovations before listing the home for sale. Once the project is complete the investor is anticipating a 31% Return-On-Investment.

Single-Family Residential

The repeat borrower is a full time contractor with excellent credit scores. Looking for the funds to fix and flip the subject property. RCN Capital was able to provide a loan at 74% LTV. The borrower is planning on adding $72k worth of renovations to the home before listing the home for sale.

Single-Family Residential

Repeat borrowers who are looking to fix and flip the subject property. The borrowers are planning on adding $35k worth of renovations to the home before listing the property for sale. Once the project is complete they are anticipating a 23% return on investment.

Single-Family Residential

Repeat borrower with RCN and experienced investor was able to acquire this property from a foreclosure. RCN was able to provide a loan at 65% of the After-Repair-Value and the borrower plans to spend $123k on renovations before listing the home for sale. Once the work is compete the borrower is anticipating a 16% return on investment.

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