Seize Your Next Investment Opportunity Through RFG's Expert Advice and Diverse Loan Options
Leverage RFG's unparalleled expertise and versatile financing solutions for your next investment venture. Act now to maximize your cash reserves and take advantage of our market-leading 100% financing options. Prepare to move swiftly on opportunities with RFG's support, ensuring you retain more capital for your projects and achieve greater financial success.
RFG strives to partner with you on many levels during your fix-to-rent and fix-to-flip initiatives, as when you make money, so do we. One way we do this is by keeping you abreast of some important news items in the real estate investment arena; this information can guide your purchases and processes — you can glance through some of what is happening and act accordingly. Remember: RFG is publishing this free newsletter to help ensure your success.
Mortgage Rates Fall, Sell Your Investment Property Faster
Recent declines in mortgage rates have led to lower projected monthly payments for potential homebuyers, making it more attractive and affordable for them to purchase homes.
This trend providing a much-needed boost to the housing market by encouraging more buyers to enter the market means you should be able to sell your fix-to-flip project more quickly.
So, now that you are committed, all else being equal, where should you start looking at properties? GoBankingRates has pinpointed a number of housing markets it deems to have the highest resale values.
Are you able to make an investment in or near one of them? Be sure to click the links found in the article too, for even more valuable information.
RFG’s Ground Up Construction Loan (with no LTC cap) and 100% Fix & Flip Premier Loan (with no down payment required) are lending products that boast competitive rates on loans that can often be delivered in fewer than 14 days. Contact one of the lending professionals at RFG, who will explain the application process and share the many ways RFG can partner with you to help you keep more money in your pocket during your project, ultimately enabling you to maximize the ROI on your fix-to-rent and/or fix-to-flip undertakings. Our commonsense underwriting process affords a smooth interaction with us, and our exclusive partnership with HD Supply helps you buy the materials you need for your rehab at lower costs than what the typical consumer pays.
Falling Mortgage Rates Empower Prospective Buyers
Meanwhile, Redfin is indirectly indicating that your rehab should more easily attract homeowner residents, saying: “House hunters who have been waiting for mortgage rates to start declining may want to get serious about buying a home soon. Mortgage rates dropped to their lowest level since March on Thursday’s inflation report, and the supply of homes for sale is rising, giving buyers a sweet spot before competition picks up.” A property you plan to fix to flip should be off your books sooner rather than later, given these conditions.
100% Premier Loans from RFG cover all renovation costs.
NO DOWN PAYMENT!
Richard embraced the challenge of converting a non-conforming duplex back into a single-family home. By adjusting the layout and moving a few walls, each floor ended up with 2 bedrooms, 1 bath, and individual kitchens, transforming the second floor into an in-law suite. He upgraded both kitchens with granite countertops and painted cabinets. Additionally, he enhanced the functionality of the home by creating a laundry room on the first floor. Richard rented the property to a multigenerational family, providing them with the ideal living arrangement of separate kitchens. He also smartly rented out the detached garage, maximizing his rental income.and is now a profitable rental property.
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, as well as décor ideas, ultimately making your outcomes more successful.
Better Bathroom Aesthetics
Flip through this short array of bathroom remodel ideas curated by Realtor.com to check out their take on “modern traditional design” — proclaimed to be “the perfect marriage of old-world charm and modern chic.” These stylish ideas should appeal to most prospective residents!
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!
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