According to a recent report from the National Association of Realtors® and Realtor.com®, the nation is short over 300,000 affordable homes for middle-income buyers. This group is experiencing the largest shortage of homes available to buy.
What’s considered “affordable”? Homes under $256,000, suitable for buyers earning up to $75,000. The biggest shortages in large metropolitan areas include El Paso, TX; Boise, ID; and Spokane, WA. Right now, Ohio is offering the most affordable homes in Youngstown, Akron and Toledo.
RFG is here to make your Fix-to-Flip or Fix-to-Rent journey easier and more successful. Your success is our success!
We’ve compiled some great resources to help you stay prepared, run efficient renovation projects, and estimate repairs accurately. Check out this section of our website and stay ready for success!
RFG can help investors interested in land intended for ground up building of 1-8 unit non-owner occupied properties. If you’re looking for non-bank financing solutions, we have them!
Our 100% Premier Ground Up Construction Loan product is a quick, smart and effective alternative for financing construction costs prior to transitioning into a long-term loan. You must have completed at least 1 verifiable group up project in the past 12 months to qualify.
“Everyone at RFG is so personable. No matter how complicated a project may be, it’s a pleasure to work with them.” - AI C.
This 4 bedroom/2 bath home with a paved driveway in front had a great location as an end unit. The walkout basement was originally a hair salon, but the township was not willing to allow the sale unless the basement reverted back from a commercial space into a private space. Richard agreed, and started to work. He replaced all of the plumbing and wiring. The kitchen became almost a complete gut. The drywall stayed in place, but he replaced everything else, including cabinets, appliances, countertops, and flooring. He was able to sell it for more than $10,000 over the new appraisal value, and net a tidy profit. Hard work pays off!
