Recent Loans

  • All
  • Fix & Flip
  • Fix & Lease
  • Long-Term Rental
  • Recent Loans
  • Uncategorized
Apartment Building
Fix & Lease

Multi-Family Residential

Borrower is looking to acquire funding to purchase the multi-family property with no renovations are needed. The borrower wanted to purchase the property quickly to then refinance with a conventional lender in the near future. RCN Capital was able to provide a loan at 70% LTV for this investor.

SFR House
Fix & Flip

Single-Family Residential

Repeat borrower and experienced investor in the area looking for renovation funds to fix and flip this project. The borrower plans to spend approximately $80k on renovations, prior to putting the house on the market. RCN Capital was able to provide a loan for 61% of the After-Repair-Value of the property and the investor is anticipating approximately a 38%-45% Return on Investment for this project.

MFR_NorthAdams-MA
Fix & Flip

Multi-Family Residential

Experienced borrower with RCN Capital looking to fix and flip this Multi-Family Duplex. The borrower plans to spend approximately $37K on renovations prior to putting the Duplex on the market. RCN Capital was able to fund a loan for this investor at 62% LTC. Based on the property’s appraised After-Repair-Value, the borrower anticipates approximately a 55% Return on Investment for this project.

SFR_FloralPark-NY2
Fix & Flip

Single-Family Residential

Experienced investor and repeat borrower through RCN Capital, looking to acquire the cape style property for a quick fix and flip. Based on the property’s appraised After-Repair-Value, the borrower anticipates a 20% Return on Investment on this project and plans to spend around $41K on renovation costs.

MFR_Bedford-MA
Fix & Flip

Multi-Family Residential

Repeat borrower and experienced investor in the area looking for renovation funds to fix and flip this project. The borrower plans to spend approximately $42K on renovations, on the three separate rental units in the property, prior to putting the multi-family house on the market. RCN Capital was able to provide a loan for 55% of the After-Repair-Value of the property and the investor is anticipating approximately a 56% Return on Investment for this project.

SFR_Lenox-MA
Fix & Flip

Single-Family Residential

The borrower was looking for final renovation funds to fix and flip this project. The borrower plans to spend approximately $181K on renovations prior to putting the house on the market. RCN Capital was able to provide a loan for 25% of the After-Repair-Value of the property.

Chat with the RCN Capital Sales Team!