Author Archives for Matt

Having Adequate Cash Reserves

August 2, 2012 1:28 pm Published by Leave your thoughts

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 qualified, do not have enough cash on hand to get their loan application approved.  In addition, there


The Value of Your Flipped House

May 1, 2012 1:34 pm Published by Leave your thoughts

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 homework regarding the feasibility of the project. (For more


Watch Out for Date Requirements!

April 10, 2012 3:15 pm Published by Leave your thoughts

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


Mortgage Loans: Don’t Hide Facts

February 29, 2012 6:11 pm Published by Leave your thoughts

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, explain to the lender, in writing, why


10 Tips on How to Hire a Contractor

January 16, 2012 4:41 pm Published by 4 Comments

1. Get References from People You Trust The recommendation from a friend in the business, a colleague, or a neighbor is one of the best sources for finding reputable and trust-worthy contractors. People you know will give you an honest account of their experience with the contractor and sometimes you


4 Ways Mortgage Brokers Can Leverage LinkedIn For New Business

December 2, 2011 5:55 pm Published by 1 Comment

LinkedIn is one of the most powerful networking sites today. It has the highest average household income over any other social media/social networking website and nearly 44% of users are key decision makers. According to 2011 statistics, 14.8% of the US users are in the Finance Industry. With over 135


Real Estate Investing Tips – Don’t Fall in Love

November 1, 2011 6:16 pm Published by 3 Comments

You would never make the same mistake one of our clients made, would you? Case Study: The Woman Who Fell in Love With The Property We had been working with a borrower for an extended period of time who was looking to purchase her first rehab property. Because she was


6 Tips for Top Real Estate Investors

September 30, 2011 8:10 pm Published by 4 Comments

We believe that it is important for real estate investors to embody and hone in on some skill sets that top real estate investors practice: 1. Real estate investors have homework too. The more you are able to understand your local real estate marking, best practices, financing processes, and negotiation