Attention real estate investors! Read on to see what is included in this week’s free newsletter from RFG. What you can learn by leveraging them now can potentially direct your next steps on your fix-to-rent, fix-to-flip, or ground-up project journey. As your lending partner, when you win, we win! Not only are we here to deliver your necessary funding at competitive rates, but we also provide access to discounts on construction materials and supplies.
A Tool That Answers “Is THAT Property a Wise Investment?”
U.S. News has made it easy to access a tool that can provide investors with valuable insights regarding U.S. housing market conditions, helping investors identify prime areas for flipping properties.
The article begins by explaining that “The U.S. News Housing Market Index is a single number that measures and compares the health of U.S. housing markets using a data-driven approach. It’s based on three main economic indicators: housing demand, housing supply and financial health.” See the article via the link below to use the tool, discover a property’s placement on the performance indicator graph, and more.
Navigating Real Estate Finance: Brian Augsberger’s Strategic Journey
In the latest episode of Philly Fortune Talks, Jake Penny hosted RFG’s Brian Augsberger, Director of Sales and Marketing, to delve into the dynamic world of real estate investment and market strategies tailored for Philadelphia. This podcast offers actionable insights for anyone looking to capitalize on the unique opportunities the Philly market offers—don’t miss these valuable tips!
Meanwhile, there’s the “The Home Buyer Index, [a tool that] NBC News developed with the guidance of a real estate industry analyst, a real estate expert from the Federal Reserve Bank of Atlanta and other experts, [that generates] a number on a scale of 0 to 100 representing the difficulty a potential buyer faces trying to buy a home.
The higher the index value, the higher the difficulty.” Using this tool allows investors to determine what headwinds they might face as they pursue a property to fix and flip.
With no down payment or income verification required, RFG’s competitive Ground Up Construction Loan and competitive 100% Fix & Flip Premier Loan (no down payment) with no income verification required and lower rates for repeat borrowers. What’s more, many of our clients benefit from receiving same-day approval and their funding in just five to ten business days. For your loan we only need a purchase agreement, statement of work, and bank statements from the past three months.
Call us today to get your loan application started. During our conversation, you can also hear about some of the other benefits of working with us, including access to our exclusive partnership with HD Supply enabling you to save up to 50% on thousands of the supplies and construction materials and supplies you might need during your project. These savings put extra money in your pocket that can be invested to make your property the most appealing it can be to sell or rent quickly. RFG is here to help ensure your financial success with all your real estate investment activities!
Al, typically a multi-family investor, took on a single-family home with strong potential for profit. He fully renovated the 4-bed, 3-bath property, upgrading electric, plumbing, and flooring, adding new kitchen appliances, and refurbishing all bathrooms. His successful flip provided a quick profit, which he reinvested into a new project, boosting his buy-and-hold portfolio with immediate cash flow.
Tip of the week We are excited to share a new logistics-related rehab tip every week! This area can be relied on for helpful information, such as how you can be more efficient and productive throughout your flipping or new-build journey, or ideas to increase your potential ROI. By highlighting something that potential buyers/renters are likely to find appealing, RFG hopes to ultimately make investors’ outcomes more successful and profitable.
12 More-Affordable Renovations That Can Attract Residents
Forbes Home has put together a list of renovations that cost less than $5,000 each, calling them “impactful” and breaking them down into categories such as “general interior,” “general exterior,” and by certain rooms. Check out the article to determine whether some or all of these together would work in your quest to attract a new owner or tenant.
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!