YOUR CASH COUNTS Having adequate cash reserves is essential to getting a loan approved by both traditional lenders and private lenders. RFG has recently received several applications from potential borrowers, who, although otherwise qu...
SOUTH PHILADELPHIA SUCCESS STORY From time to time, we would like to share success stories of RFG customers. One such story is as follows. RFG was contacted in January by two brothers in law that had purchased a vacant lot in South Phila...
PRIVATE LENDER OR HARD MONEY LENDER Which type of lender is right for you? Many people in the property rehab business think that private money rehab lenders and hard money rehab lenders are the same. They are different in many ...
RFG receives calls from potential borrowers everyday seeking financing for their rehab projects. We love the excitement that they have for their newest project, but frequently find that they have “fallen in love” with the house and have not done their ho...
An agreement of sale for the purchase of real estate contains multiple dates that you need to keep track of to make sure that your deal gets done. It is very disappointing when a purchase of a property does not close or the buyer does not get the best deal p...
When applying for a mortgage loan, the lender will ask you to fill out an application and provide supporting documentation. It is important that you review what is being asked for and supply all of the requested information. If you cannot supply something,...
Rehab, Investment, and Mortgage Quick Tips
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