Have you looked into RFG’s loans for experienced Multi-family and Mixed-use borrowers? If you need financing for investment properties with 9+ units, this product is to purchase and rehab a property to maximize market rents. The property must be in a metro area, with no vacant, abandoned, or blighted properties nearby.
Already own a multi-family property? You can also use this vehicle to refinance in order to renovate and increase current market value.
New Survey: High-Income Renters Want These Amenities
A recent Quext Smart Home Technology Trends survey showed 27% of high-income renters (making $150k and up) think smart home products are the most important amenity in their rental unit.
Join RFG for a FREE Webinar: Property Data for Real Estate Investors
RFG’s John Santilli, will be presenting at a webinar with Attomdata on Thursday, May 25th, 11:00 am - 12:00 pm PST (2-3pm EST).
The webinar, “How Real Estate Investment Companies are Leveraging Big Data to Drive Innovation,” will take a look at how big data is helping investors gain market intelligence, automate decision making and innovate within the housing market.
RFG was helpful and extremely easy to work with. Their focus is on making you successful and reflect that attitude in their way of doing things. - Joel M.
Ayesha’s goal was to purchase a multi-unit apartment building, where the rents would more than cover the monthly mortgage, so the investment would pay for itself and provide a small passive income. After a long search, she purchased a 12-unit apartment building in a great area of Atlanta. The seller was extremely motivated, and the property had a very reasonable asking price. The building itself was in good shape, and only required cosmetic upgrades. Once the upgrades were made, Ayesha was able to double the average rent for each unit, charging an average of $1,500 per month per unit. Her fix-to-rent advice: “Never underestimate tenants or the process of evicting them. If you are not an experienced property manger, don’t take it lightly.”
