Borrower looking to cash out on existing debt on subject property located in Rome, GA and hold it to long term loan. Subject is an SFR currently leased for $1,000 per month which is below the market rates per the appraiser’s estimate $1,450/month. Subject appraised for $161k As-Is and a CDA confirmed the value was …
Borrower is a highly experienced repeat investor under contract to acquire the subject property located in Magnolia, TX for $340K with intentions of spending $243,517 on renovations before listing the property to hold/refinance. Subject is an SFR and appraised for $479K As-Is and ARV of $723K evidences a ROI for borrower of 21.78%. Sponsor with …
Borrower looking to refinance existing debt on subject property in Birmingham, AL and hold it to long-term loan. Subject is an SFR currently leased for $1,550 per month which is below the market rates per the appraiser’s estimate ($1,900). Subject appraised for $245k As-Is and a CDA confirmed the value was acceptable. Sponsor on the …
Borrower is an experienced investor under contract to acquire the subject property located in Athens, AL for $305k with intentions of holding it for long-term rental income. Subject property is an SFR which is currently vacant with an appraiser’s estimated market rent of $2,000/month. Both the Sponsors on loan are Foreign National Residents and bank …
Borrower looking to rate term refinance existing debt on subject property located in Watauga, TX and hold it to long-term loan. Subject is an SFR currently vacant, with the market rates per the appraiser’s estimate ($1,945). Subject appraised for $286k As-Is and a CDA confirmed the value was acceptable. Sponsor on the loan has excellent …
Borrower looking to refinance existing debt on subject property located in Fort Washington, MD and hold it to long term loan. Subject is an SFR appraised for $440k As-Is and a CDA was ordered to confirm the value was acceptable. Sponsor on the loan with good credit with a mid-score of 727; Bank statements reflect …
Repeat borrower and experienced investor looking to recoup a portion of their initial outlay from when they acquired the subject property located in Reseda, CA for $675k in cash about a week ago. Subject is an SFR and appraised for $735k As-Is and a CDA was ordered to confirm the value was acceptable. The property …
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Borrower is an experienced investor looking to take on another fix and flip project. Under contract to acquire the subject property located in Garfield Heights, OH for $68k with intentions of spending just $12,700 on rehab before listing it for resale. Subject is an SFR and appraised for $89k As-Is and ARV of $145k evidences …
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Repeat and experienced Borrower looking to refinance existing debt on subject property and hold it to long term loan. Subject is an SFR located in Lawrenceville, GA currently leased for $2,500 per month which is below the market rates per the appraiser’s estimate ($2,305). Subject appraised for $389k As-Is and a CDA was ordered to …
Borrower is an experienced Investor looking to cash-out on this beautiful property located in Pompano Beach, FL and paying off $550k of existing lien. Subject is an SFR, which is currently leased for $9,000 per month which is above the market rates per the appraiser’s estimate ($8,500). Subject appraised for $1,900k As-Is (subject to CDA). …
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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
