• Borrow up to 75% of after-repair value (ARV)
• We offer the most flexible terms possible
• There is NO DOWNPAYMENT

• No down payment means more cash on hand for your project.
• The money you need, in HALF the time.

Hottest Day to Sell a House Is Almost Here

It’s not news that Spring is traditionally a good time to put a house on the market. But when is the best actual day to sell? New research from ATTOM looked at 59 million single-family home and condo sales over the past 13 years.

 

Higher seller premiums were gained from listings in May, February, and April. Specific hot days for higher premiums were:

May 27 seller premium: 16.2%

February 25 seller premium: 15.9%

February 17 seller premium: 15.8%

February 15 seller premium: 15.7%

February 22 seller premium: 15.5%

May 25 seller premium: 15.4%

March 30 seller premium: 15.2%

March 25 seller premium: 15.1%

February 28 & 24 seller premium: 15%

 

Economists at Redfin note that median home-sale prices were up (or stable) year over year in all 50 of the country’s biggest metro areas over the 4 weeks leading up to April 28. That hasn’t happened since the summer of 2022.

 

The median sale price is now $383,188, up 4.8% compared to last year and almost high enough to set a new record. Prices aren’t looking like they’ll drop anytime soon, and inventory is in short supply, so Redfin’s Economic Research Lead Chen Zhao says, “...(for) serious house hunters who can afford today’s mortgage rates and find a home they love, jumping on it now isn’t a bad idea.”

If you are considering turning your real estate investment projects into a business, you will need to give serious consideration to what type of business you want it to be.

The right solution depends on your specific situation, but a few key questions to ask yourself are:

• How will I structure my real estate investment company?
• How many people will own the business?
• What are my concerns for liability?
• How much do I care about tax benefits?
• How much effort do I want to put into creating an overarching business entity?

Learn the different types of business structures you should consider, and the pros and cons of each type of business structure.

100% Premier Loans from RFG cover all renovation costs.
NO DOWN PAYMENT!

 

Terreon and Larry have completed multiple real estate projects together, and their goal is to amass a real estate portfolio featuring multiple rental properties to build generational wealth they can pass on to their children. This project went very well for them and is now a profitable rental property.