Here are links to a few current articles, courtesy of RFG, that help you stay current on the news in the real estate investment arena. This free newsletter is just one way we add value to your fix-to-flip and fix-to-rent initiatives…we publish this information summary as a show of our commitment to having our partners achieve success. Ultimately, we win when you do!
Mortgage Rates Decline for the Fourth Straight Week
We do not want to jinx it, but maybe home loan mortgages will be more affordable for more people soon. According to this article published by Yahoo!Finance,
“Rates have declined for four consecutive weeks and are at the lowest since April.”
Consider Investing Your Rehab Energies in Less-Populated Areas
“StorageCafe, an affiliate of real estate data provider Yardi, [analyzed] U.S. Census Bureau data from 2013 to 2022 [and] found that each of the 20 fastest-growing housing markets during the decade were suburbs and exurbs — and most of these markets still have fewer than 50,000 residents.
The growth was concentrated in Southern and Sun Belt markets, with Texas placing seven cities on the list and Floridaadding five.”
Check out the linked graphic from NAHB depicting where the most activity is, which could either sway you to join in or deliberately focus where others are not now. The article says, along with many other interesting points, “Among all nine Census divisions, the South Atlantic, West South Central, and Mountain Divisions led the way with the most new single-family units started in 2023.”
100% Premier Loans from RFG cover all renovation costs. NO DOWN PAYMENT!
RFG leads the industry with one of the most unique lending products around.
Jason is a successful house flipper in the competitive Northern Virginia real estate market, with eight property flips to his name. Despite the low inventory of foreclosures and short sales, he finds under-built homes in desirable locations and improves them without overpricing. For his latest project, Jason purchased an outdated property at a price nearly $200K below recent neighborhood comps. He enhanced the first floor with an open floor plan and added dormers to enlarge the second floor. Additionally, he installed a backyard fence, increasing the home's pet-friendly appeal. Great idea!
RFG’s 100% Fix & Flip Premier Loan (with no down payment required) and Ground Up Construction Loan (with no LTC cap) are particularly attractive lending products because of their competitive rates and ability to deliver financing in fewer than 14 days. Get in touch with one of the professionals at RFG ASAP, so someone can explain the many ways we can help you keep more money in your pocket during your project, which will ultimately enable you to maximize your fix-to-flip or fix-to-rent or fix-to-flip profit levels. What’s more, our commonsense underwriting process enables a smooth interaction with us, and our exclusive partnership with HD Supply lets you acquire the supplies you need at lower costs than are usual for others.
Tip of the Week We are excited to share the tip of the week! This area can be relied on for helpful tips and information on how you can be more efficient and productive, ultimately making your outcomes more successful.
Lower Residents’ Operational Costs
There is a simple building hack to leverage to improve thermal performance and eliminate air leakage and moisture intrusion: continuous insulation. Read on to learn more!
Is your short-term loan about to end or mature in the next 90 days? Convert it into a long-term investment loan with ease. Click hereto learn how to secure a 30-year financing option that fits your needs perfectly. Let’s turn your property into a lasting investment!
