Documents needed for Real Estate Development deals....
Need a Funder or Vendor? START HERE

Results 1 to 3 of 3
  1. #1
    Senior Member Reputation points: 93439 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,671

    Documents needed for Real Estate Development deals....

    Pitch deck if available

    one page executive summary of the project

    resume of developer

    Build to rent or build to sell

    Contracts on build to sell?


    REAL ESTATE:

    SREO
    Pictures of the Asset
    Tax Assessment
    Recent Tax Appraisal
    Property Address:
    Property Type: SFR
    Loan Type:
    Property's Current Value:
    Original Purchase Price and Date:
    As complete value:
    Current Mortgage (if applicable):
    Requested Loan Amount:
    LTC (Loan to Total Costs):
    Credit Score:
    Time Needed to Complete Project:
    Where in the Construction Process Are You (Permitted? Entitled? raw dirt?):
    Use of funds:
    Exit Strategy:
    How many similar projects have you completed in the last 3 years on title?:
    Borrower's Stated Liquidity/ Reserves:
    Development:

    https://docs.google.com/document/d/1...f=true&sd=true

    Schedule of Real Estate:

    https://docs.google.com/spreadsheets...f=true&sd=true
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  2. #2
    Senior Member Reputation points: 21477
    Join Date
    Oct 2013
    Location
    Designer
    Posts
    609

    Steve can you get deals done outside of the country, like Mexico, Large renovated and active Hotel, at a resort in a popular, safe area, outside party is seeking to acquire the hotel as its about to be foreclosed on by the bank.


    Hotel valued at 25 million

    15-17 million to purchase

    5-7 million need to take control of the property





    www.UccRadar.com - Free Real Time MCA Leads with all data purchases!










    Quote Originally Posted by Olderguy View Post
    Pitch deck if available

    one page executive summary of the project

    resume of developer

    Build to rent or build to sell

    Contracts on build to sell?


    REAL ESTATE:

    SREO
    Pictures of the Asset
    Tax Assessment
    Recent Tax Appraisal
    Property Address:
    Property Type: SFR
    Loan Type:
    Property's Current Value:
    Original Purchase Price and Date:
    As complete value:
    Current Mortgage (if applicable):
    Requested Loan Amount:
    LTC (Loan to Total Costs):
    Credit Score:
    Time Needed to Complete Project:
    Where in the Construction Process Are You (Permitted? Entitled? raw dirt?):
    Use of funds:
    Exit Strategy:
    How many similar projects have you completed in the last 3 years on title?:
    Borrower's Stated Liquidity/ Reserves:
    Development:

    https://docs.google.com/document/d/1...f=true&sd=true

    Schedule of Real Estate:

    https://docs.google.com/spreadsheets...f=true&sd=true

  3. #3
    Senior Member Reputation points: 93439 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,671

    Yes.....send me the package.
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

Similar Threads

  1. Replies: 3
    Last Post: 09-09-2024, 11:42 AM
  2. Real Estate Development Submission Form
    By Olderguy in forum Real Estate Lending
    Replies: 0
    Last Post: 03-19-2024, 12:24 AM
  3. Replies: 5
    Last Post: 09-29-2020, 01:27 PM
  4. Replies: 9
    Last Post: 09-01-2020, 05:00 PM
  5. Real Estate Construction/Development Company
    By PatrickMTKT in forum Business Loans
    Replies: 5
    Last Post: 07-18-2016, 05:59 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Dave Lafferty new CCO at BriteCap
Lender Link partners w/ Loanspark
Fora secures $200M credit facility


DIRECTORY