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Wondering what’s happening in the real estate arena? Glance through this free weekly newsletter from RFG, which highlights a few current events that can possibly help you make some wise decisions regarding your next (or first) fix-to-rent, fix-to-flip, or ground-up undertaking. We send this out because we are genuinely dedicated to helping you increase your ROI—we not only afford competitive lending rates while providing personalized service, but also access to discounts on your needed materials and supplies (through an exclusive arrangement with HD Supply), and procedural advice. Read on for three wise rules to follow, courtesy of the sources below.
Be a Step Ahead of Your Fellow Investors
ATTOM just might be able to give you an edge when it comes to securing your next investment property. The article begins, asking, “Ever wished you could more easily predict foreclosures and find homeowners with a higher likelihood of listing or selling in the near future as a real estate investor? …
Our unique propensity to default data and scoring system can help you uncover the probability that a home will go into foreclosure. You can use this data to help find properties at a higher risk of default and find homeowners who may be motivated to list or sell their property — giving you an edge among your competitors.”
Incorporate Eco-Friendly Features That Attract Residents
NAHB has shared an updated article with some tips to make the residence you are working on more attractive to the new residents: “Energy efficiency remains one of the most desired components among new and prospective home buyers.
In 2020, NAHB surveyed more than 3,000 home buyers, both recent and prospective, on the types of features they prefer to have in their homes, including eco-friendly components and designs … . Some of the most requested features buyers want to see in home plans are ENERGY STAR-rated windows and appliances, efficient lighting that uses less energy than traditional bulbs, and an ENERGY STAR rating for the whole house. Read on to get a wider perspective on the financial aspects of today’s market.
Also from NAHB is this piece about the critical role of indoor air quality in home construction. Why can this be important to consider, and a feature to promote — even one that can increase the sales price? Because,
“According to the EPA, indoor air can be up to five times more polluted than outdoor air. … The World Health Organization reports that 3.8 million people per year die prematurely from illnesses attributable to household air pollution.” The article goes on to say, “The best way to improve indoor air quality and reduce asthma and allergy triggers in the homes we construct is to start with healthier building materials.”
For repeat borrowers, RFG’s competitive 100% Fix & Flip Premier Loan (with no down payment required) and Ground Up Construction Loan now feature even lower rates, but we also feature competitive rates for all borrowers. Our company’s lending professionals work hard to grant same-day approvals and to deliver your funding in just 5–10 business days, with no income verification or down payment required. All we need to see are your purchase agreement, your statement of work, and your 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 experts who can afford construction-related procedural advice and 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 — the extra money this puts in your pocket can be invested in making your rehab or new-build product the most appealing it can be. RFG is here to provide personalized services that can make a positive difference in your bottom line!
RFG in Action
Smart Flip, Big Return: Angelo's Duplex Success Story
Angelo saw the potential in a duplex with solid “bones,” consisting of a 2-bed/1-bath apartment on the 1rst floor and a 3-bed/2-bath unit on the upper levels. He upgraded the property by focusing on essentials like electrical, plumbing, and flooring, then gave it a fresh coat of neutral paint to attract future tenants. Originally planning to keep the duplex as a long-term rental, Angelo decided instead to flip it quickly and reinvest the profits into new opportunities — setting the stage for long-term success.
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 ground-up construction 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 your outcome more successful and profitable.
Renovations That Can Instantly Increase Home Values!
Family Handyman’s recent article begins with the following: “These are the top renovations that increase home value. Some are easy and inexpensive updates that you can do over the weekend.” Read on to decide which of the 20 mentioned are the best ideas to incorporate into your current real estate improvement initiatives.
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!