At Rain City Capital we’re always looking for ways to grow and evolve. When we see an opportunity, we make it happen. So we’re very excited to announce our acquisition of the hard money lender Magnolia Capital Partners! In January 2018, Rain City partnered with Magnolia to introduce them to the local market. As of May [...]
Name: Kristen Verbos Title: Loan Processor Years at Rain City: 4.5 What you do at Rain City Capital? You mean, besides make inappropriate comments? :) When a deal is approved by underwriting, my job is to make the loan happen. I complete the loan docs, work to get escrow everything they need, and make sure all [...]
I often say you should treat real estate investing as a marathon, not a sprint. I also like to say, if you flip ten houses in a year, you'll get decent returns on most, a home run on one or two, and you might lose money on one. The trick is to make sure you don't [...]
Rain City Capital of Oregon is a vital part of our organization and we thought it'd be a great idea to interview some of the folks in their office. We sat down with Ryan Morell, Regional Sales Manager, and Nicole Navarro-McCutchan, Regional Operations Manager, to chat about the importance of relationships between a borrower and a lender in real [...]
Not only is Jordan Reeder a loan officer for Magnolia Capital Partners, he's a real estate investor who flips 3-4 properties per year. Because he's an expert on both sides of the business, Rain City Capital asked him to guest write a blog post on how he plans to start 2019 off strong. 2019 is here [...]
As we've mentioned before, Rain City Capital believes in its mission of real and lasting mutual success. In fact, we believe in our mission so much that we decided to commit to it with artwork. We have a long blue hallway down by Fred's office (which he refers to affectionately as "Big Blue") that we decided [...]
Make Your Money When You Buy There are a lot of unknowns when buying an investment property, but if you buy it at the right price you have wiggle room and a safety net to come out ahead in the deal even if your renovation doesn’t go as planned. It sounds like simple advice: buy your [...]
Whether it’s Seattle or Bellevue, up in Bellingham, or down in Olympia, why should a real estate investor shop local for their hard money loan? Is there any advantage in partnering with a lender in your area? What if the national lender is offering rates and terms that seem too good to be true? If a [...]
Rain City Capital is pretty big on paying it forward. Not only do we believe in being thankful for what we have, we believe in giving back and helping those around us. So in an effort to give thanks and give back, we’re once again opening our contest to nominate Rain City Capital’s next $100 Mission [...]
Rain City Capital featured in the Puget Sound Business Journal It’s been an exciting time for Rain City Capital. Last month we had one of our best months ever, and this month saw us listed as one of the Puget Sound Business Journal’s 100 Fastest Growing Companies in Washington for the third year in a row [...]
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