Dear Valued Clients & Partners of RCN Capital, As we continue to experience unparalleled health and market disruptions that are impacting us all, we thought it was important to communicate what we are currently seeing in the industry and provide full transparency as to how that is affecting our loan programs. First and foremost, RCN …
An Important Update from RCN Capital’s CEO Regarding COVID-19 Read More »
Everywhere you look, there is growing panic about COVID-19, otherwise known as human coronavirus, or SARS-CoV-2. Many people are panicked about the virus itself and becoming infected, but in recent weeks we’ve seen growing concern about the overall effect on the economy. This is especially apparent as more information becomes available about the drastic measures …
Recent Market Correction, COVID-19, and RCN’s Outlook Read More »
With 2019 swiftly coming to an end, it’s inevitable that real estate investors are developing their investing plan for 2020 and setting their new year goals. But for individuals that are new to this venture or for those that had difficulty with their investment strategy in 2019, it may be tough to decide what to …
Out With The Old And In With The New – New Year Goals Read More »
Halloween may be over for another year, but there are still a few spooky phrases that are sure to chill any investor-focused lender to the bone. These are the Scary Stories Lenders Tell in the Dark . . . “If I finish renovation and the property doesn’t sell, I’ll just rent it out.” “I like this …
Are you interesting in flipping homes, but afraid that you don’t have enough money to get started? A hard money loan is an essential tool for investors to understand because of the integral role that it could play in their real estate investments. For most, this method of payment typically falls under the “last resort” …
The importance of the location in real estate investing cannot be stressed enough: the building can be modified but the property location is forever fixed. Whether you’re looking to purchase a long-term rental, a seasonal vacation getaway, or a fix & flip project, reflect on the ramifications of your purchase’s location. Although you may have …
Location, Location, Location – The #1 Rule of Real Estate Investing Read More »
The State of New York (on behalf of the City) is trying to pass a law to dramatically increase the transfer tax on 1 to 5 family properties sold within 2 years of original acquisition in New York City. This is a FIFTEEN TO TWENTY POINT INCREASE in the transfer tax! This means that when …
In the year before, during, and following the recession, real estate investors were swept up with the dreams of fixing and flipping properties. High appreciation before the recession, dramatically lowered values during the recession, and the steady growth since have all driven more investors into the market to make a quick profit renovating houses in …
Short-term rentals, like those listed on websites such as Airbnb and Homestay, are rapidly becoming an easier and cheaper option for travelers all around the world. Airbnb’s website alone boasts over 6 million listings worldwide. This growing area can be a great opportunity for real estate investors to diversify their portfolio and increase the amount …
One of the questions RCN receives most often from people interested in investing is: “Should I buy numerous single-family investment properties or a few larger multi-unit properties?” There are pros and cons to each option, so the best response is usually “It depends.” Let me explain why with a side by side comparison. For this …
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RCN Capital, LLC is licensed as a California Finance Lender under Department of Business Oversight license number 60DBO-46258. Arizona Mortgage Banker License BK-0932325. Oregon Mortgage Lending License: ML-5571. NMLS Company ID: 1045656
