2013 Predictions: What Will Happen in the Real Estate World? The year 2012 has ended and the effects of the economic recovery are beginning to be seen. Prices of real estate have stabilized in most parts of the country, and even begun to rise in a significant number of areas….
A Repeat Customer Is The Biggest Compliment RFG Can Get We are pleased to write that RFG’s business continues to grow – we speak to new borrowers every day and as a result, have grown our borrowing base of customers significantly. Interestingly, as we add new borrowers, we continue to…
How Do I Find a Good Rehab Property to Purchase? At RFG we are frequently asked the best ways to locate good rehab properties to purchase. Although there is plenty of distressed inventory out there, it is sometimes very difficult to connect the right property to the right buyer. Below…
How Do I Determine After Repair Value of a Property? Answers to Five Common Questions About Determining Value One of the most critical things you need to know when buying an investment property in need of rehab is what the property will be worth when the rehab is finished. This…
Rehab Financial Group Expands Its Lending Area RFG is very excited to announce that is has started lending in four new states. In addition to Pennsylvania, New York, Delaware, Virginia and Connecticut, RFG now lends in New Jersey, Maryland, North Carolina and South Carolina. We look forward to expanding our…
Having Adequate Cash Reserves 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…
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 ways and by understanding the difference, you can chose the…
The Value of Your Flipped House 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…
Watch Out for Date Requirements! 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…
Mortgage Loans: Don’t Hide Facts 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…