Any users of RFG funding?

[Mitzi Cil]

Has anyone ever worked with Rehab Financial Group? I keep seeing ads for them offering 100% financing. We are looking at a fix & flip pur price of 185k ARV 285k. We are looking for 100% funding of purchase price and reno costs with delayed payments.

[Jared Rine]

@Mitzi Cil...I don't know what their ad looks like, but their program is real. And it's 100% financing based on an ARV; they're not just going to give you 100% loan to cost $. You also have to hit liquidity requirements and stuff like that, and they don't just let anyone use their program - have to have experience, they dive in your income, and deals I've had quoted as a broker always include payments, as they typically want 3-6 months front funded in the deal, whether the loan amount allows for it, or client has to bring it in. Full disclosure - I'm a mortgage broker; I do not work for them. I will say also as long time mortgage broker - what you're looking for is not available in the market from ANY lender; sounds like you need a partner. Hope that helps.