RCN Capital Lending

[Nathan Frost]

Hi, has anyone used RCN capital for lending?  If so, are they trustworthy and good?

[Jay Hinrichs]

dont know how good they are but they are REAL  so thats a good thing..

compared to the fake lenders on sm or the joker brokers.   PS I know there are great Brokers on BP  I am not talking about those folks

[Nathan Frost]

Quote from @Jay Hinrichs:

dont know how good they are but they are REAL  so thats a good thing..

compared to the fake lenders on sm or the joker brokers.   PS I know there are great Brokers on BP  I am not talking about those folks

By the way sold the portfolio at full ask. Got out of the DSCR.

[Erik Estrada]

Quote from @Nathan Frost:

Hi, has anyone used RCN capital for lending?  If so, are they trustworthy and good?

 They are a legit lender, but I have found their terms to be average and their guidelines are more restrictive than other options. 

[Jared Rine]

@Nathan Frost...They have a certain box, with their programs, just like any lender, but I like them, and have closed with them.  I'm probably biased being a broker, but I think you have a better experience going through a broker with them than borrower direct from what I know.