Briarcliff Manor, NY
Single Family Residence
Residential Fix and Flip01/14/2019
An experienced investor with four verified flips under their belt had the subject property under contract for $250l with an as-is value of $300k. RCN was able to provide a loan for 54% of the After-Repair Value. The investor plans to add $120k in renovations prior to reselling the property. Once sold, the investor anticipates a 50% return-on-investment.