After-Repair Value Loans

Short-term financing for the purchase & rehab of non-owner occupied properties.

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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

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New Investor

Completed up to 2 Flips or Owned up to 2 Rentals in the Last 3 Years

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Intermediate Investor

Completed Between 3 & 20 Flips or Owned Between 3 & 20 Rentals in the Last 3 Years

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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.

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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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