After-Repair Value Loans
Short-term financing for the purchase & rehab of non-owner occupied properties.
Looking for Funding For Your Next Fix & Flip Project?
RCN Capital’s ARV Loan Program offers financing for up to 90% of the purchase price + 100% of renovation costs, not to exceed 75% of the after repair value.
Plus, RCN Capital only charges interest on your outstanding balance, not on the rehab holdback so you don’t pay for the funds you aren’t using.
Loan Criteria
Collateral:
Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes: 5+ Unit Apartments; Mixed-Use Properties
LTV:
Up to 90% of the Purchase Price + 100% of the Renovation Cost; Not to Exceed 75% of the ARV
Term:
12 Months (6-Month Extension Available)
Minimum Property Value:
$75k for 1-4 Family
$50k per Unit for Multi-Family (5+)/Mixed-Use
Loan Amount:
$50k – $2.5M for 1-4 Family, Condos, & Townhomes
$250k – $5M for Multi-Family (5+)/Mixed-Use
Minimum FICO:
600
Rates
As Low As 7.99% (Interest Only Charged on Outstanding Balance)
Pre-Payment Penalty:
N/A
ARV Loan Program Typical Leverage & Rates
New Investor
Completed up to 2 Flips or Owned up to 2 Rentals in the Last 3 Years
Intermediate Investor
Completed Between 3 & 20 Flips or Owned Between 3 & 20 Rentals in the Last 3 Years
Experienced Investor
Owned 20 or More Investment Properties (Flips and/or Rentals) in the Last 3 Years
LTV
New Investor
Up to 80% of Purchase Price + Up to 100% of Renovation Costs; Not to Exceed 70% of the After Repair Value
Intermediate Investor
Up to 85% of the Purchase Price + Up to 100% of Renovation Costs; Not to Exceed 75% of the After Repair Value
Experienced Investor
Up to 90% of the Purchase Price + Up to 100% of the Renovation Costs: Not to Exceed 75% of the ARV
RATES
New Investor
Starting at 10.99%
Intermediate Investor
Starting at 8.99%
Experienced Investor
Starting at 7.99%
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.
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.
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.
