RFG 100% Premier Loans Save You Thousands at Closing
With zero down payment, you can ALWAYS save tens of thousands of dollars at the closing table. Keep more cash on hand, invest it in your latest project, and reap the benefits.
If you are thinking about whether the market is right for starting your fix-to-rent project, know this: “According to NAHB’s analysis of data from the Census Bureau’s Quarterly Starts and Completions by Purpose and Design,
there were approximately 18,000 single-family built-for-rent (SFBFR) starts during the first quarter of 2024. This is 20% higher than the first quarter of 2023, albeit with favorable comps because of a weak start of 2023.” In other words, your fellow investors are getting ready to make money; don’t get left behind.
If your real estate investment strategy includes the luxury of picking and choosing nationwide, this article details the 10 areas in the country where supply is not meeting demand, which means sellers are getting top dollar for their properties.
Or perhaps one of these locales is actually your home base? Interestingly: “The areas where sellers are faring the best in today’s market are concentrated in the Northeast and Midwest,” explains Realtor.com economist Hannah Jones, who characterizes these markets as having “relatively high buyer demand, resulting in scarce inventory and a snappy pace of sale.”
The 10 Markets With the Highest Q1 Median Home Prices
To gauge your possibilities for profit from another perspective, and to perhaps help determine where your next investment should be, check out this article detailing the “top 10 opportunity zones with the highest median home price in Q1 2024.” In fact, “the ATTOM analysis found that by one key measure, [the 10] Opportunity Zones’ price trends demonstrated signs of outperforming the national average in the early months of 2024. For instance, more than half of Opportunity Zones experienced changes in typical home values that surpassed nationwide price movements on both a quarterly and annual basis.”
While signs point to certain geographic areas that are more likely to result in a positive return on your investment at the moment, overall there are indications nationwide that your completed fix-and-flip or fix-to-rent property is likely to be a winner, meaning now is an opportune time to pursue your first — or next — investment opportunity. So…secure a property and then contact the professionals at RFG to learn more about our competitive financing packages, which include the 100% Fix-and-Flip Premier Loan and a Ground Up Construction Loan (with no LTC cap). We can close loans in as few as 14 days! Plus, as a partner invested (literally) in your success, we can also share other ways RFG can help you devote more funds to your project, throughout your project, by helping you keep more of your money in your pocket during the loan term.
RFG in Action
100% Premier Loans from RFG cover all renovation costs.
NO DOWN PAYMENT!
Richard owned a 4-bedroom, 2-bath row home with a paved driveway and a desirable end-unit location. The walkout basement was originally a hair salon, but the township required it to be converted back to a private space before the sale. Richard agreed and undertook extensive renovations, replacing all plumbing and wiring, and almost completely gutting the kitchen except for the drywall. He replaced the cabinets, appliances, countertops, and flooring. As a result of his hard work, he sold the home for over $10,000 more than the new appraisal value, making a substantial profit.